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Factoring Companies in Michigan can Help Grow Your Business

Could your business use some extra capital to somehow grow your workspace, crew or project size? Look into invoice factoring with a Michigan company.

Advance receivables factoring, also known as invoice factoring, is the process of selling active invoices to factoring companies for a cash advance.

How do you Factor?

Factoring is easy. All your business has to do is reach out to us, either by phone or by online form. We’ll ask you about your company, and from there pair you with a factoring company in Michigan that fits your needs.

That factoring company will put your business through a quick approval process before you can submit your work invoices to them. Once your invoices are submitted, the factoring company contacts your business’ customers and verifies that the service was completed or the order was filled.

After the order is verified, the factoring company advances your business up to 95 percent of the account receivables and keeps the rest as a reserve. The factoring company releases the reserve to your business, minus a small factoring fee, once your customer pays the factoring company for the invoices.

Get In Touch!

Michigan Factors Serve a Variety of Industries

 Better Your Business: Use a Michigan Factoring Company

What could extra capital do for your business? Why wait to find out? A Michigan factoring company is ready to buy your unpaid invoices!

Why Should My Business Work With a Michigan Factoring Company?

  • It’s fast. Businesses can get funding as fast as 24 hours after they’re approved.
  • It’s easy. All you have to do to start is contact us.
  • It’s not debt. You don’t have to pay back a loan or put assets down as collateral.
  • Approval isn’t based on your credit. Instead, it’s based on the credit strength of your business’ customers.

Outside of Detroit or Grand RapidsFind a factoring company in your state

Michigan Factoring Companies:
Grow Your Business

Need capital to market your business? Don't blend in--stand out!--using Michigan factoring companies. All you have to do to get started is contact us.

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