Invoice Factoring
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Unlock Immediate Cash Flow with Invoice Factoring
Turn Your Invoices into Instant Working Capital and Accelerate Your Business Growth.
For businesses facing cash flow challenges due to lengthy payment terms, invoice factoring provides a strategic solution. Instead of waiting weeks or months for customer payments, invoice factoring allows you to access immediate cash by selling your outstanding invoices to a factoring company. This transforms your receivables into readily available working capital, enabling you to seize opportunities and maintain operational stability.
How Invoice Factoring Benefits Your Business
Convert unpaid invoices into immediate cash to keep your business running smoothly.
Immediate Cash Flow
Access up to 90% of your invoice value within 24-48 hours. Eliminate cash flow bottlenecks and ensure you have the funds needed for day-to-day operations. Imagine having the ability to cover payroll, purchase inventory, or invest in new equipment without waiting for customer payments.
Improved Cash Flow Predictability
Gain greater control over your cash flow by eliminating the uncertainty of customer payment timelines. With consistent and predictable access to funds, you can accurately forecast expenses and plan for growth.
Accelerated Growth
Invest in expansion initiatives, marketing campaigns, or new product development without being constrained by cash flow limitations. Use the immediate capital to scale your business and capitalize on growth opportunities.
Reduced Credit Risk
Transfer the risk of customer non-payment to the factoring company. This provides peace of mind and protects your business from potential financial losses due to delinquent accounts.
Enhanced Supplier Relationships
Ensure timely payments to suppliers, strengthening your relationships and potentially securing better terms. Consistent payments demonstrate your financial reliability and can lead to favorable discounts and extended payment periods.
Simplified Collections Process
Offload the burden of chasing overdue invoices to the factoring company. This frees up your time and resources, allowing you to focus on core business activities.
Increased Purchasing Power
With improved cash flow, you can take advantage of bulk purchase discounts and negotiate better deals with suppliers.
Flexibility and Scalability
Invoice factoring adapts to your business's needs, providing access to funds as your sales volume fluctuates. This scalable solution grows with your business, ensuring you always have the necessary working capital.
How Invoice Factoring Works
Receive a percentage of the invoice value upfront, while the factoring company collects payment from your customers.
Invoice submitted
You send your customer a $100 invoice (almost always in the form of an EM or portal)
Verification process
Your customer verifies the invoice (a simple response back on the email) that they have received and accepted the invoice.
Funding
We wire 90% ($90) of the invoice amount to your bank.
Customer Pays Invoice
Your customer settles the invoice within 30-90 days. ACH, Wire or Check to lock box we have set up.
Remaining balance
You go into your portal to request the release of the remaining 10% ($10) minus a small fee.
SPECIAL NOTE: Fees can range depending on different variables. Your commission is 100% tied to the fee. If it is a smaller company doing $25K to $350K a month in funded receivables, I might price it as 1.65 to 1.75 for the first 30 days, then 0.5% every 10 days thereafter) If it is higher than $350K I may say 1.5% for the first 30 days and then 0.05% every 10 days thereafter.
Why Choose Our Invoice Factoring Services?
No collateral required, and approval is based on your customers’ creditworthiness, not yours.
Fast Approval Process
Experience a streamlined and efficient application process with quick approvals and funding.
Competitive Rates
Benefit from competitive factoring rates and transparent fee structures.
Dedicated Account Managers
Receive personalized support and guidance from experienced professionals.
Online Account Management
Access your account and track your invoices 24/7 through our secure online portal.
Non-Recourse Factoring Options
Protect your business from credit risk with non-recourse factoring, where the factoring company assumes the risk of customer non-payment.
The Application Process
Unlock flexible funding to manage cash flow, cover expenses, and seize growth opportunities with a revolving line of credit
Frequently Asked Questions
Businesses with outstanding invoices and a need for immediate cash flow, such as those in manufacturing, distribution, and service industries.
Factoring rates are based on factors such as invoice volume, customer creditworthiness, and industry.
In recourse factoring, you are responsible for unpaid invoices, while in non-recourse factoring, the factoring company assumes the risk.
Unlock Your Cash Flow Today – Apply for Invoice Factoring