haf presentation

www.houseaccountfunding.com • 877-423-4239

The Source for Accounts Receivable Financing & Management

http://www.houseaccountfunding.com/

Did You Know?

• On average, the 27. 2 million small businesses in the US have up to 10% of their total assets tied up in AR.*

• For hardware stores, healthcare staffing companies, legal services firms, home centers, lumberyards, and auto repair businesses that rely heavily on account receivables, those percentages are much greater.*

• On average, the collection period for small businesses is 45 days… * That’s a MONTH AND A HALF WITHOUT THE CASH YOU NEED!!!

* Source: SBA Office Of Advocacy, 2009

The Solution: Receive Cash for Your Account Receivables

Using…

When Do Your Customers Pay?

Time of purchases

Jan. 1 Apr. 1Jan. 31

You send out statements to

your customers

who buy on account

Some customers

pay on time

Others pay more slowly

Apr. 30

And some require more attention &reminders

before paying

Feb. 28

Payment Due

Mar. 20

For Your GOOD Customers Who Pay In Full and On Time…

Time of purchases



your customers

who buy on account

Some customers

pay on time


Apr. 30


before paying

Feb. 28

Payment Due

Mar. 20

It May Still Take You Nearly 60 Days To Receive

Payment

Time of purchases



your customers

who buy on account

Some customers

pay on time


Apr. 30


before paying

Feb. 28

Payment Due

Mar. 20

For Customers Who Pay Late…

Time of purchases



your customers

who buy on account

Some customers

pay on time


Apr. 30


before paying

Feb. 28

Payment Due

Mar. 20

It Can Take Much Longer To Collect:61, 75, 90, Even 120 Days

Time of purchases



your customers

who buy on account

Some customers

pay on time


Apr. 30


before paying

Feb. 28

Payment Due

Mar. 20

Your Business Pays Expenses Before Your Customers Pay You

Time of purchases



your customers

who buy on account

Some customers

pay on time


Apr. 30


before paying

Feb. 28

Payment Due

Mar. 20

Payroll, Inventory, Rent, Loans, Equipment, etc.

As a Result -- Your Working CapitalIs Reduced

• Now it’s harder to grow your business• You may be NOT be able to buy inventory at discount• You may NOT be able to hire/increase payroll• You may spend less time in front of your customers and more time in the

back office• You may be financially penalized for late payment to your suppliers


• House Account Funding Provides:– Immediate cash to small businesses to solve working

capital constraints. – A back office billing service that helps organize

operations, allowing the independent small business to focus on customers, purchase at a discount, and expand.

• In a nutshell, HAF helps you grow your business (you stay in control of your accounts). • You want proof? Just ask our customers!


“Because HAF Bills in Our Name – Using Our Logo, We Continue to Grow Our Brand with Our Customers.”

“Working with HAF has allowed us to keep the cash flow coming in, even when customers are slow paying. HAF simplified our back office billing, invoicing and AR processes, saving us hours every week.” And, because HAF bills in our name using our logo, we continue to grow our brand with our customers.”—Rick Foreman, Smith Dodson, Columbus, OH

Here’s What Our Clients Are Saying About Us


“If you are providing in-home healthcare services, and trying to grow, it’s a great thing

to do.” “HAF helped us maintain cash flow. If you are

providing in-home healthcare services, and trying to grow, it’s a great thing to do. The set up is easy, the process went smoothly, I invoiced on Tuesday and received money on Thursday.”

—Rick, President, Comfort Keepers, Anniston, AL



“HAF Has Helped Us Grow Our Business and Improve Our Cash Flow. Most Importantly, they Enable Us to Focus On the Most Important Part

of Our Business – Our Customers.”

“As a propane business, our customers come first. HAF Has Helped Us Grow Our Business and Improve Our Cash Flow. Most Importantly, they Enable Us to Focus On the Most Important Part of Our Business – Our Customers.”

—Susie Dauwen, Lemmon Propane, Lemmon, SD.



“It Helps Us Keep Up With Expenses.”

“It has helped with our cash flow, which has helped us keep up with expenses, especially when the economy is so bad. When people are taking 90 days to pay it puts a strain on our cash flow. If you are in a business where you have customers that are slow paying and you need to keep your cash flow up, then it is a great thing to do. —David Bardusch, President, Taylor Rental, Webster, N.Y.



“HAF Simplifies the Billing Process for Me.”

“HAF simplifies the billing process for me. I don’t spend time printing, sorting and stuffing envelopes. Payments, late charges and mailings are all handled by House Account Funding (HAF). All I have to do is send a file of my invoices to HAF’s website once a week.” —John Calley, Owner, City Hardware, Syracuse, N.Y.



• We Pay You Now for Your Account Receivables (AR)• You Turn Your AR Billing Over to Us• We Bill Customers in YOUR NAME, with YOUR LOGO• You Receive Secure, 24 x 7, Online Access to Your Account • We Provide the User-Friendly Back Office Management System• You Save Time & Money, and You can View, Print and Download

Information at Any Time• We Automate with your POS System to Receive Invoices• You Get Paid Right Away!

Here’s How Our Program Works:

Access to Reports, Statements, Invoices and Payments

www.houseaccountfunding.com • 2001 Route 46, Suite 310 , Parsippany, NJ 07054 • 877-423-4239

To download a brochure, visit: www.houseaccountfunding.com/contactus To obtain a free quote, receive an application, or for more information, please contact:

John RefoSVP Business Development [email protected]

The Source for Accounts Receivable Financing & Management

Marvin BloomFounding [email protected]

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