American Prudential Capital the Best Houston Invoice Factoring Company
Before learning why we are the best Houston Invoice Factoring Company, let us give you a background of what we are doing as an alternative financing company. Have you heard the term ‘invoice factoring’, but you’re unsure as to what it means exactly? If so, we’re here to explain what invoice factoring is all about, and how American Prudential Capital uses invoice factoring to help small businesses all over America achieve their potential. Invoice factoring is a type of alternative funding offered by factoring companies such as ours, which enables small businesses to sell its account receivable invoices to the factoring company at a discount.
In return, we pay the small business an agreed cash sum, and then it’s our responsibility to collect the actual invoice amount. This allows us to make a small profit on each invoice paid, you’ll get the cash you so urgently need, and your customers simply pay the amount they owe to us instead of to you.
As one of the leading alternative financing companies in the country, we’ve helped thousands of small businesses like yours to raise the cash flow they need through invoice factoring. Not only will you benefit from having instant cash in your bank account to cover anything from paying suppliers and staff to purchasing new equipment, but you’re also relieved of all the hassle of waiting for customers to pay or having to chase bad debt.
This means that, as a small business, you can concentrate on what you do best, be that construction, distribution, IT, or any other customer service, rather than spend your time worrying about your finances.
One of the big advantages of invoice factoring is that it allows companies like yours to access the funds you need, without having to take the traditional route of approaching a bank or some other traditional financial institution.
We know that many small businesses find it difficult to meet the lending criteria of such organizations, either due to a poor credit rating, or because they don’t appear to have any discernible assets. However, as we use a totally different lending criterion to that of traditional funding institutions, you’re more likely to get the financial help you need by choosing to go down the invoice factoring route.
Invoice factoring can give you that all-important breathing space needed when cash flow is a little tight, and give you the motivation you require to get your business back on track. It’s a simple solution to cash flow problems, and all can be arranged within a few working days.
All you have to do is complete the application form or speak to one of our advisors to get started. You decide how many of your invoices you’d like to factor. This can be anything from all your outstanding invoices to just a select few, the choice is entirely up to you.
Choosing to factor your invoices via a factoring company has many benefits for small businesses of all types.
- You’ll receive the money you need quickly, usually within 24 hours of your application being approved.
- There’s no need to have an A1 credit rating. We base our decisions on the credit rating of your customers.
- You’re in complete control of how many, and which invoices you choose to factor.
- Once your invoices are sold, we take full responsibility for collecting the money owed, meaning that you can concentrate on your business.
Do you qualify for invoice factoring?
To qualify for invoice factoring services, your business needs to carry out business-to-business activity, rather than dealings with individuals. Invoices must be due within 90 days so that we can get a prompt return on our investment. Furthermore, your business must not have any serious legal or tax issues.
Find out how invoice factoring can help your business
If you want the peace of mind that invoice factoring can bring during times of difficult cash flow, get in touch with us now at American Prudential Capital, and speak to one of our advisors. We’re in the business of helping small businesses just like yours, and we’ll do our best to find a solution to help your business move forward.