Factoring Companies in Albuquerque Increase Business Sales
Does your Albuquerque business struggle with slow-paying clients? We can put an end to this. Invoice factoring is a type of funding that caters to small businesses. Factoring companies can get your business the funds to cover monthly expenses while your clients keep their payment terms. You tell us what you are looking for a funding solution and we will get you set up with the right fit. Factoring companies in Albuquerque understand small businesses. Waiting 30-60 days to get paid is not easy when you are trying to grow your brand. We can get your business funded today.
Invoice Factoring Break Down
Invoice factoring advances small businesses open invoices. Once we partner you with one of the best factoring companies in Albuquerque, your business will go through a brief approval process. Once approved, you can begin factoring. Simply send the factoring company your open invoices. They will advance your business up to 95% of your invoices and hold the rest in a reserve. Your customers will then pay the factoring company for the invoices on their terms. Once the factoring company receives the payment, your reserve will be released minus a factoring fee.