TECHNOLOGY FACTORING COMPANIES
The Best Factoring Companies for the Tech Industry
We know that technology is ever changing. Accordingly, if you hope to compete in your industry, you must have the latest and greatest of everything to best serve your customers. It’s tough to stay ahead of the curve without a stable source of working capital. If slow-paying customers are impacting your cash flow, invoice factoring may be the fix.
Invoice factoring for technology companies is the best way to get the funding you need to pay bills, make payroll and take on new customers with ease. With technology factoring, your options are limitless— instantly cover all of your business expenses and watch your business grow right before your eyes. Accounts receivable factoring can help your tech business with:
- Payroll expenses
- Operating costs
- Technology and software upgrades
- Marketing costs
We know factoring. Count on us to partner your small business with the best factoring company for your tech company.
What is Factoring?
Factoring is the solution to getting paid sooner. If technology firm business owners have clients that pay on 30, 60 or 90 day terms, they can sell their outstanding invoices to a factoring company in exchange for a cash advance.
Invoice Factoring for Tech Companies
Factoring helps tech companies stay ahead of the competition in the information technology industry. Thanks to a reliable source of working capital, your business will be able to fulfill orders and provide services without worrying about the upfront costs of doing business. It doesn’t matter if you’re a tech startup or if you’ve been in business for decades. Our funding services can help nearly any IT company.
- IT startups
- IT consulting
- App development
- Website development
- Software development
- Database development
- Online marketing firms
- Technology sales
Invoice Factoring for Technology Firms is Easy
When it comes to technology factoring, there is no question about it; it is a win-win scenario. Working with factoring companies is the easiest way to free up working capital you need to grow your business while simultaneously allowing your clients to keep to their original pay schedule. So, instead of waiting weeks and weeks for a bank loan to go through, give invoice factoring a try. We can get you partnered with a factoring company and approved for funding in as little as one week’s time.
Benefits of Tech Factoring Services
Same Day Funding
- Funds within 24 hours or less
- Funds via ACH or wire transfer
Easy and Flexible
- Month-to-month contract terms
- No minimum volume requirements
- Factoring fees from 1%
- High advances