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CDS Companies of Baldwin, an accounts receivable funding and
management firm, launched a Web site to offer customized Internet-based
accounts receivable services for small businesses.
Building on the 28 years of
experience gained by providing these services through traditional
channels, MyReceivables.com provides - cash flow, receivables
management, credit application processing, Internet and paper-based
billing, collections, database marketing services and private
label e-commerce credit card programs.
MyReceivables.com is backed
by funding capabilities in excess of $100 million. "The predictability
of cash flow creates pressure for many companies. MyReceivables.com
removes the waiting time and worries, providing a steady,
fast and reliable flow of cash to businesses," said Leonard
Leff, president and CEO of MyReceivables.com, in a statement.
Companies sign up for the service
on MyReceivables.com's Web site. Once approved, they can enter
their receivables into the system in three ways: directly
on the MyReceiv-ables.com Web site, using a plug-in feature
on their own Web sites or uploading data using their accounting
software.
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