Accounts Receviable Factoring Solutions

Accounts Receivable Factoring*Small Business Factoring*Invoice Factoring*Commercial Factoring

Nova Scotia Mining Company was looking to upgrade its Line of Credit. IMM Financial set them up with AR Factoring to free up cash that was tied up in the Accounts Receivable Collections.

Wisconsin Trucking Company was looking to reduce the fees they were paying on their Accounts Receivable Factoring facility. IMM Financial was able to reduce the fees they were paying as well as increase the advance rate on their Invoice Factoring.

Washington State Software Development Company was in need of a Line of Credit. The company was not able to get a traditional Commercial Line of Credit so IMM Financial set them up with Small Business Factoring so the company could grow and not be constrained by the funds tied up in their Accounts Receivable.

Nevada Temporary Placement office needed to unlock the cash held up in their Accounts Receivable Collections so they could pay their employees as well as have the Accounts Receivables insured to avoid the issue of non-payment by their customers. IMM Financial was able to take care of both points by setting up a Non-Recourse Discount Factoring facility for the company.

Iowa Produce distributor having Accounts Receivable Collections getting over 30 days for the last several months were feeling the pinch of reduced Cashflow and not looking to take out a Business Loan entered into a Commercial Factoring agreement so they could maintain their payables.

Accounts Receivable Financing*Discounting Factoring*Receivable Financing*Small Business Financing

New York Healthcare provider that has collections from insurance companies as well as state payments commenced a Medical Invoice Factoring agreement to help meet payroll and cover their operating expenses while waiting for their payments to be received.

Texas Trucking Factoring facility set up for a transport company that had its LOC called by the bank and they gave them only 2 weeks to pay off the Bank Line of Credit. IMM Financial not only met the deadline but increased the available funds to them by $100,000.

Manufacturing Invoice Financing set up for a company in New Mexico to cover their payroll and tax arrears. The company had been struggling with Receivables Collections but now they are using Factoring to bridge the gap in Collection times.

Asset Based Lending Company that was calling their facility gave a distribution company 14 days to repay the advances to them. IMM Financial set them up with an Accounts Receivable Factoring line to pay them off. Due to the loan amount there was an Equipment Refinance involved with the transaction in order to have sufficient funds to do so.

Pennsylvania Foodstuff Distributor had won a contract with a large chain grocery store network. Due to the terms of the manufactures and the new Accounts Receivables the Distributor needed to have Accounts Receivable Financing to bridge the time from payment to their suppliers until the time their customer payments were collected.

Factoring Companies*Factoring Company*Working Capital Management* Commercial Line of Credit

Accounts Receivable Factoring Glossary

A R Factoring or AR Factoring: Abbreviation of Accounts Receivable Factoring

Account Receivable: A series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer.

Account Receivables: Plural of Accounts Receivable

Accounts Receivable Collections: The process of collecting Accounts Receivables

Accounts Receivable Factoring: The act of selling your Invoices to a Factoring Company, discounted, and based on the risk factor assigned to the portfolio of Receivables. The amount of value assigned to the account depends on the age of a receivable. In its strictest sense this type of Factoring is Non-Recourse.

Accounts Receivable Financing: Often this term is interchanged with Accounts Receivable Factoring. This is often a Recourse type arrangement.

Accounts Receivable Funding: Synonymous with Accounts Receivable Financing.

Accounts Receivable Software: Application software which records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance.

AR & Export Factoring: This is the sale of your short-term foreign accounts receivable at a discount to a Domestic based export factor company for immediate cash. The Domestic Factor partners with a selected Overseas Factor company operating in your target market to assume the full credit risk of your overseas buyers.

Business Financing: Any kind of lending secured by a Business.

Business Loan: Any kind of lending secured by a Business.

Business Loans: Plural of Business Loan

Cashflow or Cash Flow: A measure of a company's financial health. Equals cash receipts minus cash payments over a given period of time; or equivalently, net profit plus amounts charged off for depreciation, depletion, and amortization.

Commercial Factoring: Synonymous with Accounts Receivable Factoring.

Commercial Line of Credit: Businesses financing to get a loan for a company without having to worry specifically how they will spend the cash.

Credit Financial Services: Services provided by the finance industry.

Discounting Factoring: Synonymous with Accounts Receivable Factoring.

Factor: Synonymous with Factoring Company.

Factoring: A financial transaction whereby a business sells its Accounts Receivable (i.e., Invoices) at a discount.

Factoring Accounts: Synonymous with Accounts Receivable Financing.

Factoring Business: Synonymous with Factoring Company

Factoring Companies: Plural form of Factoring Company.

Factoring Company: A financial institution which purchases Accounts Receivable (i.e., Invoices) at a discount from businesses.

Factoring Loan: Synonymous with Accounts Receivable Financing.

Factoring Loans: Plural form of Factoring Loan.

Factoring Receivables: Synonymous with Accounts Receivable Financing.

Factors: Plural form of Factor.

Financial Services Company: Refers to the Company that provides finance services to the general public, commercial and institutional entities.

Invoice Discounting: Synonymous with Factoring Company

Invoice Factoring: Synonymous with Factoring Company

Invoice Factoring: Synonymous with Factoring Company

Invoice Factoring Company: Synonymous with Factoring Company

Invoice Finance: Synonymous with Accounts Receivable Financing.

Non-Recourse Factoring: A Factoring facility that is credit insured and if the company that is responsible for the invoice does not pay it, the Finance Company will not go after the issuers of the Invoice.

Receivable: A debt owed, usually to a business, from the perspective of that business; Especially, a debt arising from a sale on account or on credit; capable of being received, especially of a debt, from the perspective of the creditor

Receivable Factoring: Synonymous with Factoring Company

Receivable Financing: Synonymous with Accounts Receivable Financing.

Receivables: Plural form or Receivable.

Receivables Financing: Synonymous with Accounts Receivable Financing.

Recourse Factoring: A Factoring facility that is NOT credit insured and if the company that is responsible for the invoice does not pay it, the Finance Company will go after issuers of the Invoice.

Small Business Factoring: Synonymous with Factoring Company

Small Business Financing: Synonymous with Small Business Loan.

Small Business Loan: Any kind of lending secured by a Business.

Small Business Loans: Plural of Small Business Loan.