At IFC, we help your company meet business objectives by providing creative financial options in a professional and timely fashion.
Let our account managers provide you with outstanding services to help your business grow, overcome your challenges and take advantage of new opportunity. Here are just a few ways IFC can help you.
Scenario No. 1
Your company is awarded an expansion opportunity into a new market. Expansion costs are considerable – obtaining new office space, recruiting and training technicians and supervisors, leasing additional company fleet vehicles, and purchasing uniforms, tools and equipment. Through factoring, you can utilize your capital tied up in Accounts Receivable to meet the additional costs incurred in the expansion and satisfy your customer’s needs.
Scenario No. 2
Your major customer informs you that their net 30 invoice payment terms are moving to net 45 days. As a small business, your company does not have the working capital to fund payroll and vendor payments for the additional time period. Through factoring, you can obtain the necessary working capital to meet your obligations, in turn meeting your customer’s expectations.
Scenario No. 3
Your company continues to experience significant growth with your major telecommunications customer. Your current factoring company, not familiar with the cable and telecommunications industry, will no longer factor additional invoices from this customer because of the high number and amount of invoices currently outstanding. IFC understands the cable and telecommunications industry, we will deal with your major telecommunications customers and work with you to exit your current factoring company.