Our competitive fee programs are simple and straightforward with no “hidden extras”. At Eagle Business Credit, we’re always upfront about our fee structure. Call us today to find out how affordable factoring services can be for your business.
The factoring rate depends on a number of things, but mainly:
- Your total sales volume and the amount you are going to factor.
- The number of debtors you deal with and who they are.
- The size and number of invoices and the length of time they are likely to remain outstanding.
We can price your facility on a ‘traditional’ discount factoring basis where our fee is based a percentage of your outstanding invoice amount. Alternatively, we can also structure your facility where the fees are linked to the Prime rate or LIBOR rate of interest which is more like a bank working capital line of credit approach. Both options are straightforward and our fees are fully visible to you in our reporting.
You may find yourself wondering if factoring is worth the fees. Every dollar counts to small business owners, so why should you spend any of them on factoring fees? Eagle Business Credit understands your concerns, but we firmly believe that financing small businesses without debt and allowing them to get paid today for completed work rather than waiting 30, 60, or 90 days for payment is a recipe for growth and success. Many people find that the fees we charge are more than offset by the increased purchasing power invoice factoring can deliver to you. You might also be able to ask for early settlement discounts from your vendors now you know when you’ll get paid. Our back-office receivables servicing means that you can re-deploy some of your personnel to other duties as your company grows and you’ll have access to extensive credit evaluation systems, all of which save you money and may help you avoid potential bad debts.
Eagle Business Credit provides invoice factoring services to small businesses in and around Atlanta, including the Kennesaw, Marietta, Alpharetta, Atlanta, Roswell, Norcross, Cumming, Columbus, Macon, Savannah, and Dalton, GA, areas as well as nationwide. Don’t let a lack of cash slow you down and keep you from taking advantage of opportunities; call us today on 1-855-420-8318 and build your business now!
READY TO GET CASH FOR YOUR BUSINESS NOW?
Call us today and find out how easy it is to turn your unpaid invoices into funds you can use to grow tomorrow.