Receivable factoring is a financial solution that is commonly used by businesses that sell on open terms. Due to the nature of long collections in the oil and gas industry, accounts receivable become a tangible asset that is easily taped into liquid cash flow.

Many large companies use this type of financing to increase their cash flow for daily expenses. There is no need to borrow money if you have uncollected receivables from good credit worthy accounts.

Corporate Lending & Corporate Leasing Services offers factoring services to small and medium size businesses with as little as $10,000 a month in sales volume and up to $10 million in receivable assets. If your business would benefit by converting your accounts receivable to working capital, we can help. Get initial funding in 3 to 5 working days. No financials needed, No up-front fees to set up, it is that easy.

              Factoring Receivables is an Alternative Form of Business Financing.

With the ongoing consolidation of the banking industry, financing options previously available to small businesses are becoming fewer. The few remaining independent banks and large banking chains have credit standards that are often to restrictive for small businesses.

As a result of an increased amount of bad loans, and regulatory pressure to avoid high-risk loans, fewer banks exist today that are able and willing to provide accounts receivable financing to small and medium size businesses. The commercial bank's inability to provide this type of loan has created a need for an alternative form of finance know as "factoring". Invoice factoring is one of the oldest forms of working capital financing that, until recently, was unavailable for small to mid size businesses.

A factoring company differs from a banker in many respects. A banker extends credit based on the financial condition and cash flow of the borrower. The borrower is expected to make monthly or quarterly payments to the bank on good times and bad. Therefore, the borrower must meet rigorous financial requirements and have a long, successful track record before obtaining a bank loan.

Invoice Financing Benefit: Consistent Cash Flow!

• Forget about recurring expenses like payroll, R&D, services, and other ongoing worries that arise during periods of low incoming capital
• Upfront cash allows your business to grow and accept contracts you might not have considered
• The Process is Quick and Easy!

Frequently Asked Questions About Factoring

How long is the application process?
Once we receive your information we can respond within 24 hours with our proposal. The initial funding usually takes 2-3 days with all subsequent fundings being on a daily basis.

Is there an upfront application fee?
No.

Do we have to factor all of our receivables?
No. You may submit all or part of your invoices based on your cash flow needs.

How often may I submit invoicing for funding?
Invoices may be submitted daily.

How often are reserves paid?
Reserves are paid weekly.

How will I keep up with what is happening on my account?
You will have access on-line to view any activity in regard to factored accounts. Also, you will have access to our professionally trained Account Executive. Our Account Executives are there for you and your customers, to insure continuity.

Can Corporate Lending & Corporate Leasing Services work with companies that have progress or milestone type payments?
Yes, Corporate Lending & Corporate Leasing Services provides advances on all types of progress billing including construction draws.

What will my customers think?
Unlike several years ago, factoring has become a preferred choice of funding for several industries. It is nothing more than a credit line which banks offer in another form. Most of the customers we have come in contact with are very familiar with factoring and are very receptive.

Corporate Lending & Corporate Leasing Services Lorena Harvey /CEO Corporate Direct # 248-391-1159, John Baran/Creative Leasing Mgr # 248-561-8905. Located At PTK International Airport/Toll Free # 866-408-9631. Specializing in Project Funding, Equipment Leasing & Factoring!

                   www.corporate-lendingservices.com Or Email ceo@corporate-leasingservices.com