Factoring Companies in for Business Growth
While you may be wracking your brain wondering what the best financial option for your business is, you don’t have to worry anymore. We have a factoring marketplace filled with skilled factoring companies in Allentown that are equipped to get your business the funds you need, regardless of industry. By simply filling out a form or giving us a call, you have access to the best funders in the country. The best part? Our referral services are free to you!
What is the Allentown Factoring Process?
No matter what type of b2b business you have, invoice factoring is a suitable option for you. The process is simple. Once we decide which Allentown factoring company is best for your business, we will put you in direct contact with the funder. Once you have completed their approval process that takes about 3-5 days, you can immediately begin factoring your invoices. First you will send your open invoices to the Allentown factoring company. They will then advance you up to 95% and hold the rest in reserve. Your customers will then pay for the work directly to the factoring company. Once the payment has been received, the funder will release the reserve back to you minus a factoring fee.