Friday, April 3, 2015
Supersize Your Canadian Business Accounts Receivable Finance Success Via Confidential Invoice Discou
Surprised? Clients often are,,, when we tell them that they have the ability to ' super size ' their level of working capital and cash flow via a little known business accounts receivable finance strategy known as C I D - confidential invoice discounting or factoring .What do we mean exactly by the reference to supersizing? Simply that it is highly possible that on utilization of this type of financing you will often double,custom bobblehead,Basketball Backboards Why They Matter, in some cases triple your access to immediate cash flow and working capital. And in some cases where you would have been self financing or had non financing in place whatsoever,customize bobblehead, well,personalized bobbleheads, your firm has it now.So what's C I D - how does it work,custom bobblehead, what can we compare it to,personalized bobblehead, what does it cost,Long Board Skateboard Modern Equipments Are Outstanding, and why is it so innovative. That's a lot of questions, so let's get to some basic answers. C I D, as we stated is our terminology for confidential invoice discounting, more commonly also called factoring. This type of financing is used by firms of all sizes (even major corporations, by the way) but in reality seems to be more common in the S M E (small and medium enterprise sector). It even accommodates start ups if you can believe it, as any type of financing for a start up is often a major challenge for the business owner. As a Canadian business owner in the business to business market you typically have a large investment in accounts receivable. But how do you finance that investment when traditional capital is not available,Believe In Now Super Bowl XLIII,customize bobblehead, or the reality is that you dont qualify?That's exactly where business accounts receivable invoicing and discounting comes in. Your ability to sell those invoices as you generate them,custom bobblehead, using the A/R as collateral allows your company to turn into an instant cash flow machine.So that's the essence of factoring,customized bobbleheads,Indianapolis Colts Tickets An Era Ends, or invoice discounting,personalized bobble heads, but where does our key benefit of confidentiality come in. Right about here! Because the key difference of C I D and business factoring is that you are in control of your sales ledger and customer base, not the factor firm. That's where you immediately gain superiority over other firms who use this type of financing but are forced by their factoring agreement to make their customers aware of how they are financing their firm. On a daily basis C I D work in the same manner as what we will call ' traditional ' accounts receivable finance and invoice discounting. It's a simple process. You generate invoices for the products and services that your firm provides and you receive immediate same day funds for 90% of the invoice value. The remaining 10% is held back until you client pays, you then receive the 10% less a finance fee of anywhere from 1-2.5% per month. Clearly the advantages of this type of business financing couldn't be more pronounced - its quick financing, its easy to administer ( you bill and collect your own a/r) and you use that valuable working capital and cash flow you have just achieved to run your business on an operating basis . So,personalized bobble heads, does Confidential Invoice Discounting seem like the proper accounts receivable finance strategy for your firm? Ultimately you will decide that - we're simply letting you in on the secret and letting you be the decision maker around super sizing that cash flow. Speak to a trusted,,, credible and experienced Canadian business financing advisor on how this type of business financing can put you ahead of the pack!
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