Monetrex specializes in working with difficult business financing situations. Based upon the professional background and commercial
lending experience
of our staff, Monetrex is unique in its ability to assess a situation and quickly propose a solution.
Additionally, Monetrex has developed a singular reputation as an innovative, "hands on" alternative financing source. We go beyond merely
"clipping coupons", by providing some real value administrative services to our clients. This approach makes our clients better equipped
to concentrate on serving their customers and growing the business.
We have been around since 1988, and enjoy an excellent reputation for integrity and proficiency.
Monetrex Management Services Included Without Charge
Credit analysis of current and prospective customers
Monitoring and collection of outstanding invoices
Computer tracking and weekly aging of receivables portfolio
Computer detail for ease of reconciliation by client's accountant
Purchase order financing on a case-by-case basis
Electronic funds transfer
Overnight courier service
Access to reports through our protected web site on a 24/7 basis
Monitoring and electronic payment of payroll taxes
More Monetrex Back Office Services Included Without Charge
Monetrex has determined that certain clients will have a greater chance of success if they
take advantage of more extensive back office assistance. These services are offered on a
client-by-client basis. A client is not required to accept these services.
Accounts Payable
Record/accrue all payable transactions
Track specific job costs, if applicable
Electronically pay approved payables
General Ledger Functions
Maintain account activity based upon coordinated transactions only
Reconcile coordinated bank accounts
Post adjusting entries, including Monetrex transactions
Prepare interim financial statements for coordinated transactions only
