Firm Funds Businesses Without Creating Debt

(EMAILWIRE.COM, March 19, 2003 ) Elyria, OH – Michael Gusky, is the principal of Advanced Funding Solutions LLC, a cash flow consulting enterprise specializing in factoring. He has been designated as a Certified Cash Flow Consultant, and has over 13 years experience in business management – related specialties.

Factoring is the converting of business accounts receivable to cash. Factoring works because it provides startup or growing businesses with instant cash, which enables them to purchase additional materials and/or labor to increase productivity. A business will sell all or part of its accounts receivables to an investment firm – the factor – and receive immediate cash before the factor collects on the invoices. This allows employees and owners of the firm to concentrate on operations and sales, rather than non-productive administrative duties. Factoring is not a loan, so there is no debt to repay.

Factoring has been a business strategy in the U.S. since 1976 used mostly by large Fortune 500 companies and is just recently becoming available for smaller companies as well as startups. These smaller companies can now offer the increasingly higher payment terms required by many large opportunities without the stress of poor cash flow by using factoring strategies.

Advanced Funding Solutions LLC serves all of North America. Principal, Michael Gusky, is available for presentations on factoring and its benefits.

Contact:
Advanced Funding Solutions LLC
Michael Gusky
mgusky@afs4funding.com
www.afs4funding.com
Tel: (888) 292-4730