Factoring Companies in Dayton That Grow Businesses
Is your business interested in the getting the funds to grow? Small businesses just starting off in Dayton can all have similar problems with cash flow. Your business may not get paid for 30-60 days, and that does not make it easy when you have bills to pay and payroll to cover. We are here to get your business funded so that your clients can continue to pay on their terms and you can grow your business. Let us partner you with one of the best factoring companies in Dayton.
How Does Factoring Work?
Invoice factoring provides your business with advanced payments on your open invoices. Once we partner you with one of the best factoring companies in Dayton, your business will go through a brief approval process. Once your business is approved, you can begin factoring your open invoices. The factoring company will advance your business up to 95% of the invoices and hold the rest in a reserve. Your customers will pay for the invoices directly to the factoring company. Once your customer has paid, the factoring company will release the reserve to you minus a factoring fee.