Do you have the desire to grow your business but don’t have the working capital to do so? Don’t let your business sit at a standstill. Invoice factoring can help you grow by giving you the funds you need.
Accounts receivable factoring, also known as invoice factoring, is the process of selling active invoices to a factoring company for a cash advance.
How does Invoice Factoring Work?
It starts with a call or by filling out a form.
Based on the information you provide, we pair your business with the best factoring company for your wants and needs. The business will put you through a quick approval process. Once you’re approved, you send the Connecticut factoring company your invoices. The factor will advance you up to 98% percent of your total invoice amount. After the factor receives payment from your customer, they will return the rest of your money, minus a small fee.