Tuesday, August 6, 2013

Factoring/Accounts Receivable

Accounts Receivable Factoring. Tired of waiting to get paid, missing growth
opportunities, or struggling to meet overhead? Our core service, accounts receivable
factoring (often referred to as invoice discounting), provides you with immediate capital for
your accounts receivable invoices.
Unlike banks or other traditional lenders who can take weeks to approve a loan request,
with Midland you can go from application to first funding in as little as 72 hours. Because
it’s not a loan, you do not generate additional debt, and you can choose which invoices
you wish to factor. The service requires no long-term commitments, has no hidden or
termination fees, and features advances as high as 90%.

Purchase Order Funding. An exciting event for any growing business is acquiring new
customers. But what if you’re a manufacturer or wholesaler that is outgrowing its ability
to fulfill those customers’ orders? Often, successful, growing companies struggle because
their banks will not provide enough funding to keep pace with their growth.
With our purchase order funding service, Midland will either wire funds directly to your
supplier for the materials you need, or will provide your supplier with a letter of credit.
There’s no need to wait weeks for a bank to qualify (or reject) your application. Midland will supply the
needed funds quickly.
Again, there are no long-term obligations or hidden fees and our rates are among the best in the industry.
Best of all, we will advance up to the total costs of the goods and materials you are purchasing

Call me let's talk about your business!!