Factoring

 

Security Credit Corporation, a receivable management company, offers QuickPay, a service that helps you maintain financial stability and peace of mind. This allows you to concentrate on operating, maintaining and growing your business without the added expense of an in-house collection department. QuickPay is the easy way to guarantee cash flow for your business. With just one call, Security Credit will buy your accounts receivable (invoices) and you’ll immediately receive a percentage of those invoices. When you turn over your invoice processing to the professionals at Security Credit, you won’t have to worry about administrative details and financial burdens. With QuickPay, you can spend more time building your business. Security Credit Corporation factoring allows your trucking company to have immediate cash on hand to manage operations more efficiently. You can increase working capital, reduce debt and reduce credit risk through factoring. Generally, factoring converts the accounts receivable of your business into cash by assigning/selling those invoices to a factoring company, such as Security Credit Corporation, for a discount. Your business immediately receives up to 90 percent of the accounts receivable, or invoices. The balance, less financier fees, is paid to your business after invoice payment is received and cleared by Security Credit Corporation.

Cash Flow & Factoring Tips

• Invoice Factoring – Get Working Capital Fast with Invoice Factoring
• Explanation of Factoring & The Benefits of Factoring
• Anticipating Commercial Factoring Transaction Rates
• Debt factoring in Auckland, Wellington, Chch New Zealand
• Factoring Companies Compared