STARTUP BUSINESS FACTORING
Working with a Factoring Company: What to Expect
If you’re a startup new to factoring, there might be some confusion about how factoring works in general. After we connect you with a factoring company based on your industry and needs, here’s how it works:
Provide the goods/services to your customers as usual
Submit the invoices you want to be advanced for to your factoring company
The factor will verify the invoice with your customer
You will be advanced the cash for that invoice
Within 24 hours
Benefits of Factoring your Invoices
Funds for overhead expenses –
No long-term contracts –
Low rates –
Funds for utilities –
Capital for payroll –
– Financial cushion as your business grows
– Ability to pay your taxes on time
– No hidden fees
– Funding within 24-hours
– Back office support depending on industry
Your Startup Needs the Cash Now?
One of the main reasons that businesses of all sizes use factoring is because the process is fast and simple. Typically, businesses get advanced within a few days.
The first step to getting funded is finding the right factoring company to do it. With our network of factors, we are experts at that part.
Our service is 100% free, so get started now and get funded sooner.