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TELECOMMUNICATIONS FACTORING COMPANIES
The Best Factoring Companies for Telecom Businesses
Slow-paying customers? Eliminate the wait for invoices to be paid by working with a telecommunications factoring company.
Count on us to help your telecom business access funding for payroll, maintenance and repairs, any any other costs that come with running your company.
Many telecommunications companies use invoice factoring as a debt-free funding solution for their business. Factoring companies improve cash flow without adding new debt to your balance sheet. Telecom factoring isn’t a loan, it’s an advance on your accounts receivable.
If you’re interested in factoring invoices, you’ve come to the right place. Let us partner you with the best telecom factoring company in your industry and niche.
We listen to what you want in a factoring company and make sure you are with the perfect match. Let us take some of the weight off your shoulders and put you in the right financial hands.
Why waste time searching for a factor company? We do the work for you.
The Perks of Telecom Invoice Financing
Without adequate working capital, your business is left without the finances to cover costs and take on bigger jobs. Partnering with a telecom factoring company provides the cash flow necessary to expand and attract new customers and projects.
Best of all, there is zero debt to repay. Invoice factoring isn’t a loan. It’s an advance on your receivables. You’ve already earned the money, factoring invoices ensures you get it sooner.
- Startups welcome
- No long term contracts
- No miminums
- Funding within 24 hours
- Capital to bid on larger projects
- Steady cash flow to ensure your telecom business thrives
We partner with factoring companies that are experienced working with cable and telecom giants like AT&T, Spectrum, Comcast and others. Our telecommunications financing services for nearly any type of project:
- Cable TV installation
- Telecom sales
- Underground utilities
- Network providers
- Satellite dish installation
- Diagnostics
- Field technicians
- Cell tower installation and maintenance
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The Invoice Financing Process for Telecom Companies
Telecom invoice financing is a short and simple process. The initial application approval takes between 3-5 days. Once approved, telecommunications companies can factor invoices and access cash within 24 hours. Getting approved? Well that’s pretty darn easy. Even if your cable sales and telecom company has been declined for bank lending, you’ll likely be approved for receivables factoring.
Approval
Submit your application to the telecom factoring company and get approved within 3-5 days. Once approved, submit your invoices to factor.
Payment
Once the factoring company receives your invoices, they will advance you up to 95% within 24-hours. The remaining percentage will be held in a reserve.
Release
Invoices will be paid directly to the factoring company by your customers. Once the payment has been received, your reserve will be released minus a factoring fee.
Repeat
Repeat steps 2-4 as frequently as you need. Submit invoices and receive cash in 24 hours.
Telecommunications Financing FAQs
Have more questions? Check out our general invoice factoring FAQ page
Q: What if my business has poor credit? What if I’m just starting up?
A: No worries. Government contract factoring companies look into the credit history of your customers, not your history.
Q. What types of telecommunications companies use invoice factoring?
A: Many different telecom businesses use factoring such as cable installation, underground utilities, contract work and others.
Q: Am I required to factoring all of my invoices from my telecom business?
A: Factoring companies for telecommunications do not require companies to factor all invoices. As the business owner, you have the option to pick and choose which invoices you want to factor.
Are you tired of searching for the right financing option? We have the solution right here. We can match you with a telecommunications factoring company in your niche in minutes. The process is simple and easy.
We know that you take pride in what you do, and we do too. Let us help you discover your business’ potential today. Not sure if invoice factoring is the fit? We also offer merchant cash advances and unsecured business financing services.
Telecommunications factoring experts, at your service. (855) 465-8870
The telecommunications market is constantly evolving and developing because of the technological shifts in society. This is a great opportunity for telecom businesses to pursue new opportunities, but it can be a challenge financially whether you’re just starting or have been in the industry for years. With payment terms often being extended, it can be difficult to face present expenses. With factoring, your business can receive the money faster, without accumulating debt.
Are You Ready to Start Factoring?
We will match you with a factoring company at no cost to you. Did we forget to mention that?