AAA Financial Group was founded in 1992 by Arnold Miller, an ex-banker and is locally owned and operated.
AAA Financial Group will design a custom program that meets your unique, individual factoring needs.
We answer any of the common questions you might have with our FAQ about how factoring can benefit your company.
How Factoring Can Benefit Your Business
Your business is profitable but you seem short on cash to pay bills? Perhaps this is due to your cash conversion cycle taking too long. Factoring can bridge this gap by shortening this cycle between when you complete and invoice your job and when you actually get your funds. Factoring it with AAA Financial Group can improve your cash flow by converting the invoice to immediate cash.
Having access to funds allow the business to pay its bills timely, and even take advantage of offered vendor discounts. Having funds to allow the business to make timely payments to its suppliers can actually save the business money. Eligible invoices are factored within 24 hours, often on the same day and funds are advanced up to 90% so you can pay your bills. AAA Financial Group then waits for payment. Once paid, you are paid your reserves less the agreed upon fee within two business days.