{"id":55,"date":"2015-06-23T16:14:17","date_gmt":"2015-06-23T16:14:17","guid":{"rendered":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/?page_id=55"},"modified":"2015-08-11T04:11:13","modified_gmt":"2015-08-11T04:11:13","slug":"factoring","status":"publish","type":"page","link":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/factoring\/","title":{"rendered":"Factoring"},"content":{"rendered":"

DEFINITION AND BENEFITS OF FACTORING<\/h2>\n

Factoring is a business transaction whereby a business sells its accounts receivables\/invoices to a factor (third party) at a discount for immediate funds for purposes of expanding and or covering its overhead of additional business.\u00a0AFCI willwork with you to improve your financial growth process and stability of your company.<\/p>\n

We are aware of challenging issues that may occur with your business such as judgements, tax liens and other items. We are familiar with working around these problematic events and will do so whenever possible. Please call us at 818-981-1034 or 310-308-6466 for additional information and to get started funding your business\u2019s accounts receivables.<\/p>\n

(1) If your company wishes to factor its receivables it means that you have invoices for completed products or services to your commercial customer.
\n(2) Your company sells to other businesses or government agencies.
\n(3) Your receivables are free and clear (or will be) to be issued as collateral.
\n(4) Your company needs unlimited capital to expand and grow.<\/p>\n

The Advantages of Our Receivable Factoring Services:<\/h2>\n
    \n
  1. Receive Cash Upfront to Meet Your Payroll & Overhead Needs<\/li>\n
  2. Billing and Collections Done by a Third Party (Us)<\/li>\n
  3. Receive Your Aging Reporting from a Third Party<\/li>\n
  4. In Most Cases, a Third Party Will Speed up Collections<\/li>\n
  5. Credit Management of Your Clients<\/li>\n
  6. Factoring Allowed Used to Obtain Larger Customers and Contracts<\/li>\n
  7. All Factoring Fees Are Tax Deductible<\/li>\n<\/ol>\n

    TYPES OF BUSINESSES WHICH MAY NEED FACTORING SERVICES
    \n(1) Manufacturing Companies
    \n(2) Wholesale Companies
    \n(3) Law Firms \/ Attorneys
    \n(4) Advertising Companies
    \n(5) Trucking Companies
    \n(6) Telemarketing Companies
    \n(7) Software Programming Companies
    \n(8) Employment Staffing
    \n(9) Aerospace Manufacturing Companies
    \n(10) Doctors
    \n(11) Lab Companies
    \n(12)\u00a0Apparel Industry<\/p>\n

    FEES
    \n<\/strong>Our fees are a percentage of the factored receivables and are based on the volume, creditworthiness of your customers and how quickly they pay.<\/p>\n","protected":false},"excerpt":{"rendered":"

    DEFINITION AND BENEFITS OF FACTORING Factoring is a business transaction whereby a business sells its accounts receivables\/invoices to a factor (third party) at a discount for immediate funds for purposes of expanding and or covering its overhead of additional business.\u00a0AFCI willwork with you to improve your financial growth process and stability of your company. We […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-55","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/pages\/55","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/comments?post=55"}],"version-history":[{"count":5,"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/pages\/55\/revisions"}],"predecessor-version":[{"id":82,"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/pages\/55\/revisions\/82"}],"wp:attachment":[{"href":"http:\/\/losangelesfinancialservice.afincen.com\/los-angeles-financial-service\/wp-json\/wp\/v2\/media?parent=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}