My company has to show gains to implement a Factoring?
No, not necessarily. Truck factoring allows you to keep your credit
unaltered and who benefits financially. If the analysis of PCG determines that your company has the capacity to grow and improve profitability
Truck factoring for use, and the customer base is solvent, you and your business qualify,
even when you are reporting losses at present.
* What happens if we are a new business without credit history?
The same situation. The decision, in large part, depends on the financial capacity of his client. May require information about business plan, financial projections, resumes of the owners who demonstrate the skills to operate the new business, but if the company is selling goods or services for credit to customers as financially solid, PCG can help, definitely .
* Should I submit certified financial statements?
No! It's very nice when you can provide, but are not required.
In limited cases where the questions are presented in the financial statements, we can ask to see tax returns corresponding to validate the information.
* How long will set their contracts?
Contracts a year. If you need a shorter term, we are open to negotiation. The term is one of the articles stipulated in the written proposal you receive. Truck factoring is considered by most professionals, a financial solution in the short term with a contract that extends typical 18 to 24 months. At the end of a contract Factoring, more often than not, your business will be progressed in a way that might qualify for other more sophisticated instruments of finance. PCG will be there at that time to provide adequate financial consulting.
* What types of businesses are eligible to apply for the services of Factoring?
It is easier to identify the companies that PCG did not believe for Factoring. Are
Companies that intermediaries in the payment of certain medical services and construction companies. For everything else, PCG purchase accounts receivable flows from other manufacturers, distributors and service companies that do business with customers with solid financial strength.
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