Pyx Financial is offering business owners the multiple benefits of invoice finance. This process of selling invoices at a discount is an ideal solution for those who are not able to keep up with the sales growth. Especially, small- and medium-sized enterprises can look forward to the surprises Pyx has stored in each personalized package of factoring services.The benefits of invoice finance from Pyx Financial are so diverse. The most remarkable advantage is that the clients can get 80 per cent of their invoices in cash in as short as 48 hours. Pyx ensures that its clients, based on their accounts receivable, do away with the problems of payrolls and paying the suppliers.
The clients need to meet a few simple conditions to gain from invoice finance. In fact, the credit worthiness of its buyers, and not the company’s, can be the sole condition. Alternatively, the customers of Pyx’s client, or the buyer, should have a favorable credit record.
Next, the nature of invoices can determine the eligibility. Pyx prefers the invoices that have been issued to the invoices that are meant for future transaction. It is even better if there is a deadline for payment. It can be anything between 30 to 90 days. There have been cases of rejection because the invoices have a payment scheduled over a very long period.
Pyx makes it very clear that the business should also have a trouble-free record. The issue can be any problem pertaining to financial and tax issues. Any complication can be a deal breaker as much as a clean record would facilitate and simplify the processes of invoice finance. This condition of clean record holds equally true for the business owners as well.
Another area where Pyx excels is in customer relationship. With the expert counseling that is included in its solution of accounts receivable factoring, Pyx strives to offer only the best to its clients. To conclude, the clients need just a few simple conditions to reap the benefits.