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Welcome to
Synergy Factoring Finance
Today's credit-impaired economy is
providing challenges for virtually all small and mid-size business
entrepreneurs. Banks aren't lending in spite of bailouts and
unemployment has skyrocketed to over 10% with higher rates on the
horizon....a difficult business climate for even the most experienced
business owners.
Factors, asset-based lenders, and other
members of the alternative commercial finance community assist owners
of small and mid-size businesses with sources of working capital and
cash flow financing when traditional bank financing is not accessible.
At Synergy Factoring Finance we can assist you in sourcing the
financing your company requires. Our areas of expertise include:
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Payroll Finance / Factoring
One of the most common cash
flow problems for small business entrepreneurs is working capital
shortages caused by the granting of liberal payment terms (30 days
or longer) on invoices for services performed or goods delivered.
Payroll intensive service sector companies such as janitorial /
maintenance companies, guard services, staffing companies, lawn
care / landscaping, and others are particularly hard hit when
their customers take 45 days or longer to remit payments.
Factoring is the most powerful
financial tool available to solve the problems of payroll caused
by granting terms of payment. With factoring, the client
receives immediate cash for its invoices while its customers still
enjoy liberal payment terms of 30 days or longer. Most
importantly, factoring is generally accessible to even the newest
companies with little or no credit history. |
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