What makes choosing DB Squared the right decision for your accounts receivable factoring needs?
- We can help your business easily unlock tied-up working capital by turning your invoices into cash.
- Gives you the freedom to build your business without having to wait for your invoices to be paid.
- You are in control of your factoring volume; you decide when, how many and the dollar amounts you want to sell to DB Squared.
- Quick funding on your invoices - recurring invoices are typically funded the same day they are submitted.
- Competitive advance and factoring rates.
Why do businesses choose accounts receivable factoring?
By choosing accounts receivable factoring with DB Squared:
- You are able to spend more time focusing on building your business rather than chasing invoices.
- Instead of waiting for 30 to 60 days for customers to pay their invoices, you are able to gain access to your working capital immediately.
- The financial flexibility gained from accounts receivable factoring will allow you to reinvest in your company at a much quicker rate.
- You will no longer need to turn down orders, new jobs, or new lines of business because of working capital restraints.
- You are able to manage seasonal business cycles more easily.
- You can offer credit terms to your clients.
- You can take advantage of supplier discounts.
Why choose DB Squared?
Unlike many accounts receivable factors we
never charge: proposal fees, application fees, verification fees, notification fees, or reserve release fees. In addition, you will not have to worry about meeting long-term service contract obligations or monthly invoice minimums.
DB Squared is a non-recourse factor
Another difference you will notice about DB Squared is that we are a Non-Recourse Factor. This means that DB Squared assumes the credit risk on the invoices we purchase.
Learn more about the differences between
Recourse vs. Non Recourse Factoring
What types of businesses use accounts receivable factoring?
Accounts Receivable Factoring has been used for years by many different businesses and industries. Most commonly, factoring is available to businesses that provide goods or services to other businesses or government agencies on payment terms. When offering payment terms most businesses generate an invoice for the goods or services they provide. These invoices are submitted to the client and the business then waits to recieve payment on the invoices.
The size of the businesses that use factoring varies greatly from small businesses that provide niche goods to medium or large businesses that are experiencing rapid growth. Regardless of the size of your business, maintaining consistent cash flow to cover payroll, buy supplies, and pay your business expenses can be critical to short and long term business success.
Invoice Factoring
A detailed overview and definition of Invoice factoring including a working example of product scenarios.
The Factoring Process
A step by step accounting of the factoring process when working with DB Squared including how to get started and what to expect.
Invoice Factoring: Medium to Large Companies
An explanation of how factoring benefits medium to large companies.
Invoice Factoring: Small Businesses
An explanation of how factoring benefits small businesses.