JANITORIAL FACTORING COMPANIES
The Best Factoring Companies for Janitorial Services
Is your janitorial business waiting to be paid by slow-paying clients? If you run a commercial cleaning business that could benefit from additional capital, invoice factoring can help.
Your business is important to you, and it’s important to us, too. You don’t have to wait 30-90 days to get paid for the work that’s completed. You have employees to pay, supplies to purchase and other business expenses that unexpectedly occur. But fear not— with the help of a janitorial factoring company, you will never have to worry about your cash flow again.
Invoice factoring, also knows as accounts receivable factoring, for commercial cleaning companies is a great way to secure the financing necessary to grow and thrive. If you’ve ever wished you could get paid sooner, we’ve got great news – you can! Factoring works by selling your unpaid invoices to a factoring company. The janitorial factoring company issues your business an instant advance based on your outstanding receivables. With cash in hand, you can take advantage of new clients and growth opportunities knowing you have the funds to successfully get the job done.
Benefits of Invoice Factoring for Janitorial Services
Don’t allow cash flow shortages to catch you off-guard. Factoring companies provide the funds your cleaning business needs for supplies, payroll and marketing. Go ahead and say “Yes!” to a new customer. We’ve got your cash flow covered. Working with a factoring company has its perks.
- Take on new customers with ease
- Extend more attractive payment terms to clients
- Purchase supplies
- Equipment and vehicle maintenance
- Expand marketing efforts
- Startups are welcome
- No long term contracts required
Our financing services benefits janitorial companies of all sizes and stages. Even if your business has been denied for bank financing due to lack of credit or poor credit, you’ll likely be approved to factor invoices. Why? Factoring companies base approval on the strength of your customers, since they are the ones responsible for invoice payment.
Simple Funding Process
The initial application and approval process for janitorial factoring can be completed in as little as 3 days. (If you need funds sooner, please check out our merchant cash advance services.) Once you’ve been approved, you can factor janitorial invoices and obtain the funds within 24 hours.