The Benefits
Credit strength- A client’s long-term relationships with their bank is enhanced. Factoring is not intended to replace conventional methods of financing. Credit ratings are improved through prompt payment of bills and larger account balances.
Fast
-With River Rock Financial once initial documentation is collected; decisions are made within 48 hours and preliminary funding can be completed usually within a few days. Successive funding can be facilitated in some cases on the same day!Flexible- Our service is available on an ‘as needed’ basis, so you don’t have to worry about long term contracts or volume requirements. River Rock Financial will work closely with you, your advisors and your bank, to ensure your business is growing as efficiently as possible.
Cash On Delivery
- If you are willing to provide your customers with a 2/10 discount, then spot factoring fees can be accounted for, making your business COD! Also remember with new customers, our fees can be fully or partially included in your estimates.Discounts- If your suppliers offer volume or bulk discounts, using spot factoring is a perfect oppurtunity to take advantage of them to increase you profit margins!
Relationships -Having a successfull business is all about building and maintaining good relationships with your suppliers by improving your payment reputation and staying current!
Expand your business and increase profits without the need to increase capital investments.
- No sign-up application fees
- No hidden fees
- No long term commitments or volume requirements