Pyx Financial is providing quick funds to growing businesses based on their accounts receivables. It is surviving on its passion to lend a hand to those enterprises that are failing just because of cash flow issues. This is evident from its offers for invoice finance accounts.
Immediate cash is a primary factor that can make or mar a business. Pyx specializes in this field with perfect solutions from receivable factoring to help them grow. It can be counted as an advanced payment, based on accounts receivable owed to their business. Pyx purchases the invoices from them at a discount and works to collect the invoice. Once collected, it pays the rest of the amount.
Invoice finance accounts can help tremendously for short-term issues. It is somehow similar to hiring a purchase contract, but there is a marked difference in the duration of getting the payment. The clients can get the cash in as little as 24 hours or 72 hours, tops.
Pyx understands their clients have several financial options based on their established credit. This can be a setback for those who do not have it. All the problems would disappear, as Pyx looks only into the credit worthiness of the customers rather its clients.
Several clients have benefited from this receivable accounting. It has a clear-cut procedures and focus on making their services affordable as much as effective. It says business owners can take the same financial help from the banks or lenders, if they can afford to wait for 30 to 90 days to get a loan.
However, there is no question of debt in receivable factoring. Pyx takes the risk as well if the invoice is not paid. Besides, this financial tool is not even a loan; so again, there is no question of falling into a debt trap.
Another important feature is the opportunity to use the unused invoices for full business optimization. Pyx insists their clients should get cash through the invoices, while getting themselves the flexibility to grow their business.