Small Business Accounts Receivable Factoring

With regards to the financing industry, little attention is given to the “very small” business market – especially companies with revenues that are less than $45,000/month.
This market does not get the attention it deserves for multiple reasons; For many financing companies, these small accounts don’t generate enough revenue to make it worth their while. Moreover, many consider them to be riskier because small companies usually don’t have the management, systems, and client a base that larger companies do.

However, this market has created an opportunity for companies such as NeeBo Capital that specialize in  Small Business Accounts Receivable Factoring services. Small business factoring, as it is better known, is a modified version of factoring invoices that is designed to work with small businesses.
NeeBo Capital strives to provide a more personalized service, enabling the business owner to focus their efforts at growing their business. For example, few small companies have dedicated departments (or even dedicated employees) to handle invoice tracking, verification and collections. Many companies that specialize in Small Business Accounts Receivable Factoring have dedicated staff that will help the owner with these tasks.
One advantage of small business accounts receivable factoring is that it’s easier and faster to obtain than most conventional financing plans. To qualify, the company needs to be in good legal standing, have no liens/judgements and have customers with solid payment tracks. This makes small business factoring an ideal solution for small companies with aggressive growth plans. Visit NeeBo Capital today and speak with the staff for a free no obligation consultation.