Factoring

CONVERT YOUR COMPANY'S ACCOUNTS RECEIVABLE INTO INSTANT CASH AT THE TIME YOUR COMPANY IS READY TO BILL YOUR CLIENT.... WITHOUT BORROWING MONEY.

Factoring Provides Quick Capital for Your Business to Grow!

Factoring is the process of purchasing accounts receivable from a business at a discount. Accounts receivable are created when an invoice is issued for the delivery of a product or after the rendering of a service that extends terms to the customer. These terms can extend from 30 to 90 days.

Just a few types of receivables we arrange financing for:

• Business Account Receivables
• Government Purchase Order Receivables
• Medical Receivables (e.g., Medicare, Medicaid, Insurance and a few Private Pay)

  Companies that benefit most from factoring or account receivable financing are new companies that have large or more established customers, companies that lack cash flow to purchase materials, labor and/or meet operating expenses.

The benefits of factoring may be apparent for these types of companies but almost any company can benefit from:

• Increased cash flow
• Flexible cash flow solutions
• Sustainable growth without outside investors
• Suppliers' early payment discounts
• Continuous monitoring of your customers satisfaction and credit status

Instant cash, no interest payments... fees you can live with.... no long term contracts to tie you down (you can factor as many invoices as you like when your company needs the cash). No waiting for the funding. The cash is waiting for you. California-Capital does not require audits, financial statements or term contracts. We eliminate the drawbacks of traditional funding methods, and offer many more advantages.

Our factoring affiliates are operated by individuals with years of experience in dealing with the financial requirements of growth-oriented companies and in helping them continue their expansion. Our factoring network not only offers working capital for the needs of your fast growing business, but it also offers Professional Receivable Management to allow you to concentrate on sales without worrying about the day-to-day credit and collection issues.

Factoring works as follows: The factor fully manages your sales ledger and provides you with credit control and collection services of all your outstanding debts. The invoices you issue upon a sale are sent to the factor that typically advances up to 80 to 90% of the invoice amount to you. The balance, less charges, is paid when the customer makes payment directly to the factor. The service is disclosed to your customer who typically receives a letter from the factor, or attached note to your invoice, containing payment instructions to the factor.