
Factoring is the purchase of accounts receivable at a discount
for cash.
For most businesses accounts receivable
is one of the largest assets on their financial statement.
However, that asset lies dormant until the time of collection
when it is converted to a more useable form...cash.
Factoring enables a company to convert accounts receivable
to immediate cash upon the completion of a sale of goods or
for services rendered. Cash that can be used to fund payroll,
buy additional inventories or increase your sales and expand
your business.
At Vertex Financial our client's financial success is our
primary goal. The continued growth and success of your
company becomes an element in our overall plan. We have built
a successful clientele by providing excellence in service
built on integrity, personalized and customized service, and
by always keeping our clients' best interests in mind.
We help you to maintain a steady cash flow by minimizing
your bad debt, simplifying your invoice processing and acting
as a professional collection resource for your company.
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