What is Factoring?

     Factoring, which is also referred to as accounts receivable Factoring is the process of when a company sells their accounts receivables/invoices at a slightly discounted rate in order to obtain immediate cash to operate their business.  This provides a business with more available cash to operate their business.  Billions of dollars of Factoring transactions are transacted annually and many of those businesses are Fortune 500 Companies.

     The utilization of Factoring will allow your business to completely eliminate the 30 to 90 day period of low or no cash flow that typically occurs in the course of having to wait to get paid by your customers/clients.  Factoring allows you to focus on the operating and growth of your business instead of the worry of not having the working capital to sustain your business (or municipality).  With Factoring, you can concentrate on embarking upon new business opportunities, increasing your sales, using the cash obtained from Factoring to pay your business expenses, advertising and marketing, and research and development.

     Factoring is NOT a loan and does NOT produce ANY debt.  The process of Factoring involves the Funding Source Company providing a lump sum of cash to a business that is receiving monthly or annual incremented payments.  It does this by providing the company with up to 95 percent of the total face value of the balance of the outstanding monthly or annual incremental payments owed to them.  This process is conventionally and mainly but not exclusively for the Factoring of the accounts receivables/invoices of an establishment.  But also Factoring can be done unconventionally, as in the case of implementing the innovative and pioneering concept of the Factoring of Naming Rights as created by Brian Strugs, the President/CEO of Profit Increase Funding, Inc.

      Factoring allows a company to cash-in-now on money owed to them in the future.  Many Fortune 500 companies use Factoring worldwide to improve cash flow, promote and finance growth, and increase profits.  Furthermore, because Factoring is NOT a loan and does NOT produce ANY debt, this is extremely beneficial and cost-effective for the seller of the Naming Rights and/or corporate sponsorships.  Obtaining bank loans that produce debt also produces a liability for the business---this decreases the overall net worth of the business and the loans must be repaid.  Also, the additional expense incurred by the interest of a loan negatively affects the balance sheet of any business.  Profit Increase Funding Inc. has over 150 Funding Source Companies with BILLIONS of dollars to invest into the Factoring of your accounts receivable/invoices and/or Naming Rights.

     PIF (Profit Increase Funding) can also first facilitate and transact your Naming Rights deal for you and then factor it; therefore, providing your company with upfront cash now, instead of you being limitedly forced into only being able to collect periodic annual payments from the sale of the Naming Rights over a number of years.  This process also allows you to avoid the inevitable and unavoidable depreciation of money.  This two-step process of providing your establishment with a Naming Rights deal followed by Factoring those Naming Rights will provide huge amounts of money for your establishment for initial architectural construction or architectural construction expansion and/or renovations. 

     PIF (Profit Increase Funding) also has the capability of creating awesome customized Self-Generating Revenue Concepts for you.  Selling Naming Rights is a very successful fund raising tool for convention centers, office buildings, stadiums, hotels, colleges, hospitals, municipalities, airports, museums, and many other venues to raise debt-free, risk-free capital for the purpose of initial architectural construction and/or architectural construction expansion and/or renovations.  PIF can raise the money needed for expansion and/or renovations via Naming Rights and Factoring.  Hence, providing corporate dollars -- instead of hard to get and long waits for government handout dollars or totally obtainable bank loans. 

     We can offer you a Naming Rights opportunity that is debt-free and risk-free and can bring you millions (or possibly billions) of dollars.  Much better than that, we take it a step further and Factor those Naming Rights, which provides you with the immediate debt-free lump sum of cash up to 95 percent of the total cash amount of the annual incremented payments from the Naming Rights.  By Factoring your Naming Rights, you will receive almost all of the millions from the Naming Rights deal/transaction NOW instead of years from now.  Without the benefit of Factoring the Naming Rights, it will take 10, 15, or even 20 years for you to receive/collect all of the payments. 

     The Factoring of Naming Rights is a concept created by Brian Strugs; President/CEO of Profit Increase Funding, Inc., and at this writing, this concept is only available through them.  Not only will Factoring the Naming Rights help provide expansion dollars for your establishment, but also dollars to help eliminate and/or prevent current financial debt, create and protect jobs within your establishment, and greatly increase your ability to compete globally.

To View all our Factoring Services click here  “Services " page

     

      We provide solutions to cash flow problems that are fast, easy and flexible.

       One of the examples of the various kinds of Factoring we do is described below:

International Receivables: International Receivables are Invoices owed to businesses by overseas customers. International Receivable Invoices are created when a company exports products to a company overseas on an open account.
Payee/Seller: Business
Payer: Overseas Businesses We purchase International Accounts Receivables for up to 95% of their total value for IMMEDIATE DEBT FREE CASH and minus a small fee instead of you having to WAIT for long periods of time to get paid on them.  Your company's debtors who owe the International Accounts Receivables Invoices then begin to pay only those International Accounts Receivables that you have agreed to Factor with us.  Once the International Accounts Receivable Debt is completely paid, your business will be rebated the remaining (perhaps) 10%, minus the Funding Source Company's small Fee.