There is no shortage of reasons why businesses need cash. Factoring provides cash and does it in a way that has some advantages over traditional bank financing. Some of those reasons are as follows:

• Approval and funding within 48 hours 

• No monthly payments

• Free monthly accounts receivable reporting

• Your "credit line" grows with your business

• No debt is created on your balance sheet

• No need to give up equity

• Allegiant will provide you with credit assessments of your customers

• By having immediate cash, your company can take early payment discounts, pay bills, payroll and taxes and use the funds in a variety of other ways to increase profit margins. It's as if all your customers were on C.O.D. without the accompanying limitations.