San Antonio Accounts Receivable Factoring
Trying to qualify for credit today for your business can be difficult. The banks have made doing so a much more difficult proposition than it once used to be. As a result, you can end up without the working capital you need. There is another way, though, to get the money you need, and that is by using San Antonio accounts receivable factors. At Caprock Funding, we put San Antonio accounts receivable factoring to work for you.
San Antonio Factoring Companies
Many businesses aren’t familiar with factoring or how it works. At Caprock Funding, you sell us your accounts receivable invoices. We will then pay you a specific percentage of the total amount due. You can then meet the financial demands of your company. Once the company you invoiced pays Caprock Funding, the remaining balance of the invoice is paid to you, minus the factoring fees. This is what is known as accounts receivable factoring in San Antonio TX.
Lower Your Administrative Costs
An added benefit of San Antonio accounts receivable factors is that you can lower your company’s administrative costs. You don’t have to worry about collecting on all of your invoices anymore. You only sell us the invoices you need to get the amount of money you need. As with other factoring companies in San Antonio TX, we service a wide range of industries, including:
- Small business factoring
- Government contractors
- Consulting services
- Oil field services
- Fabrication and welding
- Plant turnarounds
- Telecommunications services
A great benefit of accounts receivable factors in San Antonio TX is that you will have the flexibility to get your business growing on your terms. You don’t have to wait for your cash flow to improve before you start expanding.
Contact Us Today
Are you ready to get answers to your San Antonio accounts receivable factors questions? Give us a call and learn more about how factoring can help you grow your business. Call 713-364-5550 today!