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How
factoring can inexpensively increase
your company's bottom line:
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Comparing Income Statements: |
YEAR 1
before factoring |
YEAR 2
WITH factoring |
Revenues
(sales) |
$1,000,000
(100%) |
$4,000,000
(100%) |
| Cost of Goods Sold |
700,000
(70%) |
2,800,000
(70%) |
| Gross Profit |
300,000
(30%) |
1,200,000
(30%) |
| LESS |
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| Variable Expenses |
150,000
(15%) |
600,000
(15%) |
| Fixed Expenses |
100,000* |
100,000* |
| Total Expenses |
250,000
(25%) |
840,000
(21%) |
| NET PROFIT |
50,000
(5%) |
360,000
(9%) |
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In this strategy, profits increase by OVER 700% and
the costs as a percent of total revenue actually fell.
Best of all, your customer base will grow.
*Assumptions are that fixed costs do not change under
normal sales growth and
costs of factoring are only included in Year
2 example above. |
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1st
PMF Bancorp Offices
- USA -
Los Angeles Head Office
9701 W. Pico Blvd 1st Floor Los Angeles, CA 90035
Tel: (877) PM-FACTORS Tel: (310) 858-6696 Fax: (310) 273-6936
- CHINA -
Guangzhou
13F/1303, Southern Railway Bldg., #57 Zhongshan
Road 1, Yuexiu District, Guangzhou 510600
Tel: 86 20 37584102 Fax:86 20 37584103
Shenzhen
Unit 404 Electronics Building, No.2072 Shennan Middle Road,
Futian District, Shenzhen 518031
Tel: 0755 83734304 Fax: 0755 82940770
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Contact us:
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1999-2006 1st PMF Bancorp - All rights reserved
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