1 / 6

Revving up Sales for a Commercial Printing Business with Receivable Factoring

A commercial printing start-up in Miami may be doing very well, but there will come a point when the business will start growing and need more cash for keep going forward.

PMFBancorp
Download Presentation

Revving up Sales for a Commercial Printing Business with Receivable Factoring

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Revving up Sales for a Commercial Printing Business with Receivable Factoring

  2. A commercial printing start-up in Miami may be doing very well, but there will come a point when the business will start growing and need more cash for keep going forward. Cash is like gas that will allow a business to have a strength and goodwill in the market. Absence of it will make a business brain-dead. After a few years, the focus of a business changes from establishment and getting new clients to finding a way through competition. Competitors in the form of larger entities start emerging and a small or mid-sized business needs to prove its worth. Many commercial printing companies in Miami ride the same bandwagon when they feel like living by ARs or accounts receivable. Their business starts stagnating while they wait for their customers’ accounts payable cycle every month to pay them.

  3. If a situation like this sounds proverbial to you as well, a trend called business receivables funding n break this monthly cycle of payments and expand your business. You can have the working or operating cash back in your hand sooner than later. • Business receivable factoring is a perfect alternative to traditional bank loan financing for your cash flow needs. The process of business receivable factoring is not a loan, rather a process a cash advance on assets you already own. There is no loan really made and this is a great way to keep debt from piling up on your company. Here, you are given the advance cash in return of the accounts receivable that you give to the factor. The customers who need to make a payment in return of your product and services, in turn, honor and pay these accounts at a later date (i.e. your terms), which are received by the factoring company.

  4. A commercial printing company in Miami can look for growth opportunities if business receivable factoring comes into picture. This is not just a prompt method of receiving cash, but also a least risk situation of accessing immediate cash. A new business, if left dependent on the payments from customers, will never move ahead. In order to grow and move toward new opportunities, there is a need for working capital, which can be easily sufficed through business receivable factoring. PMF Bancorp is a factoring company or commercial lender that can come to the rescue of printing company in Miami looking for immediate and instant cash. Apart from this, the company also offers other financial services, such as trade financial, management and much more.

  5. In the situation of considering business receivable factoring, PMF Bancorp can be a trusted option for any commercial printing industry in Miami.

More Related