How do you know if your company needs its accounts receivables factored? If you answer "Yes" to one or more of the following questions, you are probably a good candidate for A/R factoring.

• Is your company always having cash flow problems because you need to meet payroll and other expenses on a weekly or monthly basis but also need to extend payment terms to your customers for over 30, 60, and even 90 days?
• Is your present bank restricting its line of working capital to your company and you just didn’t know how or where to obtain additional funds?
• Are you trailing the competition because you refuse to offer extended terms to customers in certain locations or industries?
• Can you see your company growing at a much faster rate if the gaps in your cash flow could be finally overcome?
• Are customer relationships sometimes uncomfortable because your customer keeps insisting on you extending the payment terms but you just keep hesitating?
• Does your balance sheet reflect a slower than usual accounts receivable turnover?