There are a variety of factoring benefits. First, many companies that are not eligible for traditional lending easily qualify. Factoring lines are based on your customer’s credit and payment history, not your business’.
Second, having cash available helps companies meet payroll, purchase supplies and materials, settle payables, and grow. Eliminate the stress and worry over payroll, and be able to take advantage of new opportunities.
Finally, leading Georgia factoring companies like CyberFactor offer value-added services to aid and assist clients. These services include experienced relationship managers, invoice review and billing support, AR management, 24-hour online reporting, and much more. As a result, these services strengthen your business and free up your time to serve your customers and grow your business.