1st Trust Factoring Introduces New Invoice Factoring Services That Allow Businesses To Free Up Time And Money

A Managed Blogger — Fri, 07 Sep 2007 07:00:29 +0000

1st Trust Factoring is a company that represents many institutional investment companies. These companies can provide customers with the immediate cash they need to keep their businesses running smoothly, without going into debt. 1st Trust Factoring matches customers up with the right invoice factoring company that can best serve their needs.

Vergennes, Vermont (IPRWIRE) Fri, September 7th, 2007 — 1st Trust Factoring (http://www.1sttrustfactoring.com) is proud to offer new services to businesses that need to free up cash to keep their operations running smoothly. Invoice factoring is a very common practice in which the business sells their invoices to a factoring company that will pay them for the balances of the invoices immediately. This allows for companies to continue to pay their bills, upgrade equipment, and make payroll without waiting 30, 60, or even 90 days until the invoice is paid in full. 1st Trust Factoring represents many of these institutional investment companies, matching customers up with the company that is right for their needs.

Purchasing receivables can help many different types of businesses, including small and medium sized hospitals, doctor offices, clinics, diagnostic facilities, physical therapy facilities, medical supply companies, medical laboratories, MRI facilities, substance abuse centers, nursing homes, and any other health related services that bill third parties such as Medicare, Medicaid, and private insurance companies.