Summit Financial Resources offers working capital financing in the form of
factoring, to meet the cash flow needs of our clients brought on by a
variety of circumstances, including:
- rapid sales growth
- business acquisition
- sales seasonality
- business turnaround
- debtor-in-possession
Factoring allows businesses to:
- improve cash flow
- replenish inventories
- fund growth and expansion
- generate more sales and profit
- regularly meet payroll and other obligations
- negotiate better terms with suppliers
- reduce collection risk due to bad debt
Summit Financial offers credit lines ranging from
$100,000 to $3,500,000,
and our clients are typically involved in businesses generating commercial
accounts receivable. Our pricing is competitive, and our contract terms are
designed to match the credit facility for each client.
In addition, Summit Financial provides online account management and accounts receivable information reporting to assist our clients in managing
their customer relationships.
|
