Are you in need of funding to grow your business? Working with an Arkansas factoring company could give you the working capital you’ve been needing through invoice factoring.
What Is Invoice Factoring?
Accounts receivable factoring, also commonly known as invoice factoring, is the process of selling active invoices to a factoring company for a cash advance.
Factoring My Arkansas Business:
It’s a simple process. Fill out a quote form or give us a call. We will ask you a few quick questions about your business and match you with an invoice factoring company in our network that fits your industry in a matter of minutes. You will then fill out an application that will take only three days to approve. Once approved, the factoring company will advance you up to 95% of your receivables within 24-hours. The remaining amount will be held in a reserve. Your customer will then pay their invoice directly to the factoring company. Once the factor has received their payment, the reserve will be released to you minus a small fee.