It is a fact that more businesses need access to a higher cash flow and working capital without adding debt to its balance sheet. This is called "off Balance Sheet Financing," which manifests in two forms: "Factoring" and "Account Receivables Financing." Factoring allows the company to sell more than one invoice to the funding source at one time. However, the funding received by the company is proportionate to the attributes of each separate invoice. Accounts Receivables financing allows the business to open a line of credit, borrowing against the open invoices.

Today’s economic barometer indicates a dire need to generate creative business financing for companies struggling to survive. Mega Capital Resources has access to over 200 funding sources poised to provide companies with the working capital needed. In most cases, capital can be attained within 48 to 72 hours.

There are many benefits to selling accounts receivable now, such as:

Getting the cash immediately. Instead of waiting for customers to pay, Mega Capital Resources can obtain cash now.

Avoiding the creation of debt.

Increasing purchasing power, enabling businesses to do more business (purchase supplies or new equipment, etc).

Eliminating the need to obtain bank or SBA Loans.

Improving credit rating.

Eliminating using equipment, real estate or inventory for collateral.

Saving on in-house staff costs.

Projecting a professional image to clients.

Eliminating the need to seek venture capitalists or partners that share in decision-making and profits.

Allowing the flexibility to factor all of your receivables, or only the ones selected.

Stopping factoring any time without termination penalties.

Starting again any time the service is needed.

Partnering with a factor to help optimize your billing practices, which position the company to better track payments from customers.

Screen potential or future customers to better assess their financial strength and the likelihood of securing payments from them.

Whatever financial challenges, as long as outstanding Account Receivables are on the books, there is an alternative to generating cash flow.



Author Information

Kim Harris