
Accounts Receivable and Invoice Factoring in Palm Coast, FL
What is Accounts Receivable Factoring?
A/R Factoring provides a method to free up cash for your Palm Coast business by selling your invoices at a discount. If you are offering quality invoices, invoices that you expect to be paid in the near future, then chances are good that a Palm Coast factoring company will buy your invoices for a discounted price. This will get you cash within 3 to 5 days instead of 3 months or more.
What Invoices Will Palm Coast Factoring Companies Buy?
Many factoring companies in Palm Coast will not buy accounts receivable that are self-pay (owed by patients directly) or long term payments from personal injury, workers compensation or no-fault accounts receivables. If the payment is expected in a shorter time frame, some Palm Coast factoring companies will consider buying medical accounts receivable invoices from personal injury, workers compensation or no-fault services.
- Medical Receivables Factoring in Palm Coast
- Truck Invoice Factoring in Palm Coast, FL
- Factoring Loans in Palm Coast
To find out how much you qualify to have factored, take the time to fill out a brief online factoring form.
Quickly Calculate How Much Cash Flow You Could Generate With Invoice Factoring
Try to put in exact payroll figures and provide best estimates for customer creditworthiness. If you have a current invoice factoring company in Palm Coast, they should provide a monthly invoice that will show your total charges and cash flow. Compare and save.
Current Invoices: $26571
Projected Factor: 10.19%
Our Cost: $3,055.67
Immediate Cash for Your Business: $23,515
Examples detail the fees paid by the clients based on the creditworthiness of their customers, average length of accounts receivable, and individual company factors.
Invoice Factoring | Accounts Receivable | Amount Factored | Immediate Cash for Business |
---|---|---|---|
Example 1 | $71,015 | $6,988 | $64,027 |
Example 2 | $21,392 | $1,957 | $19,435 |
Example 3 | $36,657 | $3,720 | $32,937 |
Example 4 | $120,056 | $11,071 | $108,984 |
Example 5 | $142,031 | $13,750 | $128,280 |
Example 6 | $42,785 | $4,142 | $38,642 |
Example 7 | $109,979 | $11,071 | $98,908 |
Example 8 | $59,563 | $5,779 | $53,784 |