![Page 1: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/1.jpg)
FACTORING ���A bankers tool to build customer loyalty
...and a cash flow solution for cash flow “credit-challenged”���business to business customers���
BC Business Factoring | bcbf.ca���
![Page 2: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/2.jpg)
BC Business Factoring | bcbf.ca���
THE PROBLEM
![Page 3: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/3.jpg)
– Bank unable to approve customer credit request
BC Business Factoring | bcbf.ca���
THE PROBLEM
![Page 4: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/4.jpg)
BC Business Factoring | bcbf.ca���
– Business does not fit profile a bank can support
THE PROBLEM
![Page 5: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/5.jpg)
– Business short on paperwork to access bank LOC���
or Loan for equipment, inventory, leaseholds, etc.
BC Business Factoring | bcbf.ca���
THE PROBLEM
![Page 6: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/6.jpg)
– Time
– Risk
BC Business Factoring | bcbf.ca���
THE PROBLEM
![Page 7: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/7.jpg)
BC Business Factoring | bcbf.ca���
THE SOLUTION
![Page 8: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/8.jpg)
– Suggest factoring (selling invoices for cash) ���
as alternative source of financing and retain ���
your deposit relationship future growth potential
BC Business Factoring | bcbf.ca���
THE SOLUTION
![Page 9: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/9.jpg)
– the feel good factor
“Nice way not to just kick our customer out the door” Direct Banker Quote
BC Business Factoring | bcbf.ca���
THE SOLUTION
![Page 10: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/10.jpg)
– What’s the alternative?���
... giving an otherwise good customer reason to visit another bank
BC Business Factoring | bcbf.ca���
THE SOLUTION
![Page 11: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/11.jpg)
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 12: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/12.jpg)
– Customers must be Business to Business
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 13: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/13.jpg)
– Credit available up to $1million advance anytime
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 14: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/14.jpg)
– Transparency (A/R remittances paid to customer)
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 15: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/15.jpg)
– Flexibility (no fixed term contract, no penalties)
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 16: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/16.jpg)
– Affordable with bcbf annualized fee of 3% to 5% ���
(Banks charge annual rate – factors charge a fee)
BC Business Factoring | bcbf.ca���
SOME DETAILS
![Page 17: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/17.jpg)
BC Business Factoring | bcbf.ca���
SOME DETAILS – “Peace of Mind” (cash advances available ���
for customer purchase orders to businesses vendor ���
making it possible to take on bigger orders ���
on the strength of the factors wealth)
![Page 18: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/18.jpg)
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 19: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/19.jpg)
– Make bank loan payments on time and stay current���
– Pay bills, wages and taxes on time (no late penalties)
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 20: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/20.jpg)
– Capture volume and quick pay vendor discounts (save $$$)
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 21: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/21.jpg)
– Meet seasonal demands or fill special sales orders
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 22: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/22.jpg)
– Increase profits and build company brand identity
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 23: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/23.jpg)
– Customers control funding cost by choosing which invoice, ���
when to cash-in and when to take an advance (save $$$)
BC Business Factoring | bcbf.ca���
CUSTOMER BENEFITS
![Page 24: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/24.jpg)
BC Business Factoring | bcbf.ca���
YOUR BENEFITS
![Page 25: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/25.jpg)
– Retain customer goodwill
– Don’t give your customer a reason to apply���
for credit at competitor bank
BC Business Factoring | bcbf.ca���
YOUR BENEFITS
![Page 26: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/26.jpg)
– Keep revenue generating business source ���
(loans, lines of credit, customer deposits,���
merchant services, bill payment, etc.)
BC Business Factoring | bcbf.ca���
YOUR BENEFITS
![Page 27: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/27.jpg)
– Be in the best position to acquire your customer’s ���future BANKING business as his/her fortunes improve ���
(better EBIDA, credit rating, increased sales, ���
higher profits and retained earnings)
– Build relationships
BC Business Factoring | bcbf.ca���
YOUR BENEFITS
![Page 28: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/28.jpg)
SUMMARY ���
THE PROBLEM
BC Business Factoring | bcbf.ca���
– Customer can’t qualify for a new loan ���
or acquire an increase to an existing credit line
![Page 29: FACTORINGbcbf.ca/files/bcbf_bankers_pp.pdf · 2013. 6. 5. · – Suggest factoring (selling invoices for cash)! ... BC Business Factoring | bcbf.ca! " YOUR BENEFITS" – Keep revenue](https://reader034.vdocuments.mx/reader034/viewer/2022051906/5ff9531f8d04f653db0026dc/html5/thumbnails/29.jpg)
SUMMARY ���
THE SOLUTION
BC Business Factoring | bcbf.ca���
– Unlock “hidden”cash value of receivables with a factoring facility