SOURCE: BusinessCash

Invoice Factoring Company

March 31, 2016 11:00 ET

BusinessCash Group Expands Supply Chain Financing (SCF) Program

MIAMI, FL --(Marketwired - March 31, 2016) - BusinessCash, an 18-year-old factoring company, announces the expansion of their Supply Chain Financing (SCF) or Reverse Invoice Factoring program. The goal of the SCF program is to allow businesses to maximize affordable liquidity and improve their working capital while also allowing their business to streamline invoices and payment processes. The plan gives organizations the ability to extend payment terms- or for suppliers- to be paid earlier, as communication between all sections of the supply chain is reorganized to include the wants of the managers of each step in the process.

Chris Curtin, founder of BusinessCash, states, "Supply chain finance is increasingly a crucial aspect of a supplier's funding portfolio, both in terms of a reduced financing cost as well as a strengthened relationship with their large company clients."

For a small or medium-sized supplier, the need to organize the supply chain to give clients better pricing and availability for products is great, and supply chain financing allows for the organization and capital to do so. This extra funding occurs when a supplier's customers sell their invoices to a lending company, and make payments to that company, giving the supplier the much-needed cash.

The program gives suppliers the ability to receive financing more easily and at less cost, allowing the paying business to receive better pricing from the suppliers and less stringent payment terms. Thus, the supplier receives the extra cash as is needed, while providing extra security, and the buying businesses receive their products at an acceptable time, generally at a lower cost.

About BusinessCash
Since 1998, BusinessCash.com has offered solutions to tough business working capital problems including, extreme cash flow issues, rising expenses and shrinking profit margins. From wholesalers to temporary staffing agencies, from government contractors to oil and gas industry suppliers, business owners grow their companies through Invoice Factoring, AR Management, Credit Protection and Purchase Order Funding with BusinessCash.com. To get funded now, please call 866-598-4295 or visit http://www.businesscash.com.

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