Bridgeport Capital Services

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Factoring is a well-established form of business financing that produces immediate cash payments to a company at the time of shipment, delivery and invoicing a customer. In its basic form, factoring, also known as invoice factoring and account receivable factoring, has been used by American business since Colonial times, and its origins go back even further, literally thousands of years to the early days of commerce. Perhaps the most attractive aspect of contemporary factoring is a continuous level of cash flow into a manager's hands, allowing business planning and operation in a timely and efficient manner. The invoice factoring system also means available financing which automatically adjusts to your unique rate of business growth, because increased cash is triggered by new invoices. Factoring is the only finance mechanism directly linked to a company's sales. Factoring is used more than all other types of business financing combined. Many of America's major companies are enthusiastic users of this finance system and have been for years. But accounts receivable factoring is not an exclusive prerogative of commercial and industrial giants. In fact, factoring comes a lot closer to you personally than just through big-name business whose products you know and use.

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