If you are a business owner who is in need of additional funding in order to increase your cash flow and take care of operation costs, you want to contact Regency Factors because they offer three forms of financing; invoice finance, trade finance and purchase finance. Invoice finance is when you give invoices to the company and then they go after your customers for payments so that you will receive the funds you need. With purchase finance, you are able to get funding for when you need for certain projects. Trade finance is when Regency Factors sends a letter on your behalf to a supplier you are getting goods from but who cannot afford to pay the upfront cos
Benefits of Working With Regency Factors Plc
One benefit of working with the company is that you will not need to spend hours each day calling or mailing letters to customers whose invoices are past due because this company collects payments on your behalf so that you receive funds quicker. This also enables you to maintain proper accounts as a business owner so that you will have adequate cash flow and not have to close your business for good.
Good for Those Who Cannot Get Financing From Banks
For those who struggle to obtain emergency funding for their businesses from traditional banks, Regency Factors is a great option because their financing is not based on your company’s credit rating but rather the good credit of your customers. This is good news for business owners whose customers generally have good credit.
Assists Business Owners During Times of Late Payments From Customers
Another benefit of working with the company is that you have access to funds in the event a few of your customers are late with sending payments to you. You can politely seek payments from customers through Regency Factors’ services because they collect payments for you so that you can focus more on growing your business.
Employees Receive Timely Wages for Their Work
When you struggle to obtain funds for your business through traditional banks or through timely payments, you run the risk of not being able to pay your employees on time. When you get help with funding from Regency Factors Plc, you can make payroll more efficiently and you will have satisfied and enthusiastic workers who have the money they earned on the required due dates.
Regency Factors Plc is a company that assists business owners with maintaining cash flow by providing funding to the business owners. The company is also there to offer financial counsel if you need advice on developing the best methods of building cash flow and maintaining a proper budget that will benefit your business. This company offers live chat on its’ website and you can send them questions by e-mail or you can call the company to get the answers you need. Finally, the company is great for businesses whose customers have good credit.