OCF ACCOUNTS PAYABLE RECEIVABLE
FACTORING
COMPANY
- Providing factoring services
nationwide
- Over 70 years of factoring company experience
- Up to 97%
Advance Rates
WHAT SETS US
APART
• Same Day
funding on approved invoices
• We do not require a long term contract.
• 97% advance rates; tops in the
industry
• Credit analysis on new and existing customers
• Continuous
collection management and
follow up on factored invoices
• Invoice and
statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
invoice factoring companies
Our
flexibility allows you to maintain control:
• You
select accounts you prefer to factor
on an invoice by invoice basis.
•
You control total factoring costs by only
factoring on an "as needed"
basis.
factoring companies
Up to 97% Accounts Payable Receivable Advance
Rates:
Advance rates are based
on overall risk
associated with a particular industry as
well as
experience and track record.
We hold reserve accounts to
accommodate
industries which typically experience dilution
and that we
would otherwise not be able
to service. Advance rates range from
80% to
97% of the gross invoice amount.
Accounts Payable Receivable Fee Structures:
Fees are determined based
on your industry,
the credit worthiness of your customers,
how quickly
your invoices turn, and
monthly factoring volume.
OCF provides
individualized customer service,
by tailoring our flexible programs to
fit the individual
needs of each of our clients. We strive to
be
responsive, handling receivables
with speed, efficiency, and a personal
touch.
As a client you are assigned one account
administrator
who will personally handle
all of your account activity and
inquiries.
This gives us the ability to buy your
receivables and get the
money to
you within 12 to 24 hours.
Having one person look
after your account
also makes it easy for you to decide
which invoices
you are going to sell and
when you want to sell those invoices.
Our funding is primarily done by
direct deposit or
wire.
OCF has more than 70 years of successful
cash flow and
credit management experience,
experience we would love to put to work for
you.
To talk with a member of our sales team,
please
contact one of our regional offices at:
Toll Free:
888-266-0197
Fax #: 425-702-1874
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More On An Accounts Payable Receivable Department
Building a strong accounts payable receivable (AR) department is essential for business
success.
In a time focused on best practices, and accounts payable receivable
improvement strategies,
many organizations are struggling to define success surrounding
the entire
"credit to cash" cycle.
Accounts payable receivable financing is a potential tool for managing a provider
organization's working capital needs. But before entering into a financing
agreement,
organizations need to consider and take steps to avoid serious
problems that can arise
from participation in an accounts payable receivable financing
program.
invoice factoring company
and account receivable factoring
and accounts receivable financing
These potential problems should be addressed as early as possible - before a company
enters into an accounts payable receivable financing program - in order to
minimize time, effort, |
and expense and maximize the benefits of the financing
agreement.
f
The objective of an accounts payable receivable purchase program is to provide
immediate
funds to healthcare providers so they do not have to wait to obtain capital
|
until accounts payable receivables are collected. The resulting acceleration of cash flow
allows
the provider to reduce payables, prepay accounts to obtain discounts, |
or pay off
tax liens and other debts that threaten the financial stability of the business.
It also improves the balance sheet.