Hawaii Receivables Management (HRM) - Hawaii Factoring Specialists

Cashflow solutions for Hawaii businesses

Testimonial

Working with Hawaii Receivables has made us a better business. HRM actually feels like part of our company. That is how they make us feel.

HRM has gone out of their way to keep our cash flow going and they constantly inform us of possible problems and come up with real solutions. They don’t just buy our receivables and we never hear from them again. The staff is extremely courteous and friendly which makes working with them a pleasure. But more importantly, we have complete confidence in HRM contacting our customers.

The fact that they are a local company is also a great advantage to us. Because HRM understands the local economy, they have working knowledge of the different companies doing business in Hawaii. This is essential when calculating the risk of taking on a new customer.

The bottom line is since working with Hawaii Receivables we have increased our cash flow and greatly reduced outstanding invoices.

Aloha,
Mark Fergusson
Island Seat Covers

The Factoring Solution, Example and Benefits

What is Factoring? "Factoring" is a financial term that describes a method of selling accounts receivables. Factoring helps a company speed up its cash flow, thereby enabling it to more readily pay its current obligations and grow.

Factoring allows a company to sell its accounts receivable or invoices to a company like Hawaii Receivables Management (HRM) at a small discount. Never heard of factoring? Actually, this method of enhancing cashflow provides billions of dollars to small and large businesses each year and is really an old financial service used by many large multinational corporations. Only recently has factoring been made available to smaller sized businesses to which banks are reluctant to lend funds. Factoring is filling a tremendous void that banks are unable to fill.

Who needs the Factoring solution?

HRM - Hawaii Factoring Specialists Many new and fast growing companies have trouble obtaining traditional bank financing due to their length of time in business, profitability or financial strength. Factoring allows these companies to convert their accounts receivable into instant cash. Once a business has delivered its product or service and generated an approved invoice, factoring allows the business to get its money in as little as 24 hours. This type of instant cash flow can support rapid sales growth, allow a company to take discounts offered by suppliers and help a company stay current with its other financial obligations such as payroll and taxes.

Interested? Please review this example of Factoring in action, and understand the benefits. Already convinced? Fill out our quick Application for a free, no obligation consultation.

see a Factoring Example

Hawaii Receivables Management LLC.
970 N Kalaheo Ave C-110 • Kailua, Hawaii • 96734

Telephone: 808.254.9008
FAX: 808.254.4208

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