Factoring Impact
Increasing your cash position allows your company to increase revenues and increase profits.
| Current Business | After Factoring | |
|---|---|---|
| Annual Sales | $800,000 | $1,200,000 |
| Direct Labor (40%) | $320,000 | $480,000 |
| Gross Margin | $480,000 | $720,000 |
| Indirect Labor | $80,000 | $100,000 |
| Overhead | $80,000 | $100,000 |
| Cost of Factoring | N/A | $42,000 |
| Net Profit | $320,000 | $478,000 |
| Net Additional Income Made Possible Through Accounts Receivable Factoring |
= |
$158,000 |
Let PRN Funding provide your business with our expert healthcare factoring services.
Factoring Question
3659 Green Road Suite 318
Cleveland, Ohio 44122
Phone: 216.504.1000
Fax: 216.504.1002
Toll-Free: 866-776-5407
Cleveland, Ohio 44122
Phone: 216.504.1000
Fax: 216.504.1002
Toll-Free: 866-776-5407