Seville Financial Group receives many questions about
our service offerings. This section provides answers
to many questions about we do and how we can help
your business succeed.
1. What type of invoices will Seville
Financial Group factor?
2. What type of consulting services
does Seville Financial Group provide?
3. What is the minimum invoice amount
I can factor?
4. Will factoring prevent me from obtaining
traditional financing?
5. How will factoring affect my relationship
with my customer?
6. If I am a start-up or relatively
new business, can I qualify to factor?
7. How are the factoring fees calculated?
8. What other receivables does Seville
Financial Group arrange?
9. How do I get started?
10. My questions have not been answered.
What do I do?
1. What type of invoices will Seville Financial Group factor?
Seville Financial Group will arrange the sale of your receivable due from a governmental entity, which includes invoices, vouchers, or claims. These receivables must be accepted by an authorized representative, such as the Contract Officer.
2. What type of consulting services does Seville Financial Group provide?
We provide you a full range of services to help you secure and manage government contracts. Seville Financial Group can help you get registered, help you bid on opportunities, and provide post-award services. Our goal is to provide our clients complete, end-to-end value added consulting services.
3. What is the minimum invoice amount I can factor?
Seville Financial Group will arrange the sale of your receivables for invoices starting as little as $10,000. Many of our competitors claim to work with small business, but turn you down when the time comes because your invoices are too small. Seville Financial Group is dedicated to serving our small business community and will be there when you need us most.
4. Will factoring prevent me from obtaining traditional financing?
Not at all. Because factoring is an off-balance sheet transaction, you are not incurring any debt. In fact, factoring will improve your debt/equity ratio making your firm more attractive to lenders. Through factoring, you will have a better cash flow position, reduced operating expenses and a stronger financial position overall.
5. How will factoring affect my relationship with my customer?
Our experience working with government agencies is our advantage. We will contact your Contract Officer or authorized agent to inform them of our relationship and that you have outsourced you Accounts Receivable functions in conjunction with the Federal Government Assignment of Claims Act.
We will handle all aspects of your invoices in the most professional manner possible, since keeping your relationship intact with your client is our most important priority.
6. If I am a start-up or relatively new business, can I qualify to factor?
New firms are a perfect candidate for factoring, as traditional financing will be difficult to obtain because of the lack of credit and/or capital resources. We can arrange commitment letters to establish financial capabilities to support contract awards. Factoring may be a perfect solution to help you business grow and prosper.
7. How are the factoring fees calculated?
Fees are calculated by the composition of your Accounts Receivables and the financial strength of your customers. Since government entities are your clients, we normally will arrange the highest rates of up front capital to you once the invoices are factored.
8. Are government receivables the only type of factoring that Seville Financial Group deals with?
Although working with government contractors is our primary business, we support the small business community in all industries throughout the United States.
If you are a business that can not get traditional financing, if you are an small business, specially an 8(a) in need of additional operating capital, we can help solve your cash flow problems.
Simple. Just give us a call or complete our application and fax it back to us. A representative will contact you shortly after submitting your information, usually in 24 hours.
10. My questions have not been answered. What do I do?
We apologize if we still have not addressed your concerns. Please contact us for further information.
Guiding You Through the Process
Seville Financial Group is a trusted partner with small businesses in successful efforts to achieve program objectives and milestones by providing a full spectrum of consulting support. We do not simply ask you to complete applications and follow-up with you in a week. We ensure that you receive the personalized experience you deserve.
Have a question about government contracting, marketing, or strategy? Give us a call. Our business model is focused on customer service and knowledge transfer for you to be successful. We will not charge you by the hour or have any hidden fees. We are about succeeding together, so give us a call and we will answer your questions promptly and thoroughly to ensure you have the information you need.
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P 202.716.0122 |