Invoice factoring helps small business owners improve cash flow to cover payroll, pay suppliers, reinvest in marketing efforts and take advantage of new growth opportunities. There are plenty of reasons to work with a factoring company!
Easy Approval – You can qualify for factoring with bad credit. Since factors collect from your customers, approval is based on their credit history.
Fast Invoice Funding – If you need funding within 3-5 days, invoice financing can make that happen.
No Long Term Contracts – Many factoring companies have month-to-month contract terms.
No Minimum Volumes – Your business decides which customers to factor and when to factor invoices.
Unlimited Funding Potential – The amount of financing grows with your business. The more invoices you have, the more financing you can obtain.
What Types of Businesses Factor Receivables?
Businesses of all stages and sizes use accounts receivable factoring to maintain a stable source of cash flow. Since every business weathers cash flow challenges, invoice factoring can benefit a one-person shop that just landed their first account yesterday or a long-established corporation that’s looking to extend payment terms to a big client. We help nearly every industry with funding:
Check out all the industries we serve. Don’t see yours listed? Don’t worry. If you’re billing other businesses on payment terms, we should be able to help.