Cash Flow Program
“I need to offer credit to my customers, but I wish someone else
would do the billing and collecting. And I wish I could get my money faster.”
We’ll take over some things you’d just as soon not worry
about.
The Magnolia Cash Flow Program is a complete system by which Magnolia
purchases your existing accounts receivable on a discounted basis [What
is a discount?] and takes over the responsibilities for billing your
customers and collecting their payments.
You get your money immediately! And because the Magnolia Cash Flow Program enables you to offer terms to your customers, you may increase the volume of your business as well. It is a “win-win” situation for both you and the people who do business with you.
“Wouldn’t it be nice to receive immediate cash for your receivables?”
Here’s how the Magnolia Cash Flow Program works:
Magnolia Financial buys your accounts receivable up front. When
we assume your billing functions, you’ll receive money in your bank
account for your present book of receivables, helping you to begin the process
of cash covering most everything that is owed to you [Do I have
to fund everything?]. You can use the proceeds from the Magnolia Cash
Flow Program to reinvest in your business, take advantage of supplier discounts,
catch up on payables, or retire existing debt a little faster…what
ever helps create additional profits for your business.
On new invoices, you receive immediate cash for charge sales, less Magnolia’s discount or service fee and a reserve [ How does the reserve work?]for potential delinquent accounts.
“Wouldn’t it be nice to get out of the billing business, and
back to the business at hand?”
Does the Magnolia Cash Flow Program make sense for your business
[
Is there a way to reduce the discount fee?]?
Most businesses want to improve their cash flow. Some want to avoid
the hassle of handling their own billing which would allow them greater
efficiencies. Every business would like to have more time to get back to
doing business. Whatever the reason, the Magnolia Cash Flow Program is designed
for all types of businesses. Since Magnolia does not have a boxed approach
to doing business, please allow us to structure a cash flow program that
makes sense for your business [How long does it take to get
funded?].
If you would like to see a demonstration of the Magnolia Cash Flow Program
just give us a call. We’ll help you get back to the business at hand.
Funding Benefits:
- Support the growth of your business;
- Bridge the gap between payables you owe suppliers and receivables owed to you by your customers;
- Reinvest in inventory or equipment;
- Take advantage of “prompt pay” discounts offered by your suppliers, or even negotiate a higher discount;
- Pay-off or reduce existing debt; and
- Enjoy “Peace of Mind”—knowing cash is available to meet your obligations.
Management and Efficiency Benefits:
- Statement and remittance processing
- Real time customer credit monitoring and management via our online reports. You have complete access to your accounts 24/7.
- Full service collection management
- Customer credit evaluation
- Deteriorating customer credit notification and other Red Flags