From time to time, both large and small businesses have a problem with cash flow. This shortage in cash may be due to seasonal requirements, rapid expansion, product development, or any number of other circumstances. The remedy most business owners and managers consider first is bank financing. Many times, however, businesses are ineligible because they have used their entire line of credit, or they need to avoid long-term monthly payments.
DSA Factors offers a solution to this cash shortage through factoring. Factoring is the purchase of accounts receivable on a discount basis. In effect, DSA Factors is a secondary financial market that helps businesses through the cash flow crunches that can occur when they have to wait for payment on their invoices. Companies with creditworthy customers can factor their invoices and receive cash in as little as 24 hours, with no minimum or maximum contracts. In fact, we currently have clients that factor invoices for less than $200 as well as clients that factor invoices for many thousands of dollars.
To see how your business can benefit from our professional services, contact Howard Tolsky at DSA Factors, 773-248-9000, today for additional information.