Factoring Invoices And Your Company Image… What Does Your Customer Think? .
PMF Bancorp has discovered over the many years that we have been in business that almost every single first-time client asks this question. Since we are a family-run business, we understand this worry and why it is such a common concern of most new clients. In today’s economy, however,
If you are wondering what do you tell your customers, tell them that due to growth and to keep up with your cash flow needs, you have decided to factor your invoices. You can always provide a positive spin on the decision to employ accounts receivables financing. You can explain that factoring is a constructive step for your business and will allow you to continue providing your customers with the great service they have come to expect. And your customers will continue to have the same level of contact with you that they have always had in the past.
If you simply communicate proactively with your customers, it will go a long way in making the decision to factor your accounts receivable a smooth and clean. As a full-service institution, PMF Bancorp will be by your side to help you with the initial transition. Our goal is to make factoring work positively for your company.