Want to grow your small business, but don’t have the funds to do so? Working with a West Virginia factoring company could give your business the working capital it needs to grow, expand or purchase new inventory.
What Is Invoice Factoring?
Accounts receivable factoring, also commonly known as invoice factoring, is the process of selling active invoices to a factoring company for a cash advance.
How Do I Factor My West Virginia Business?
Either give us a call or fill out a form. m You will then go through a short approval process. Once you are approved, you may begin factoring your invoices. You will simply send over your invoices and the West Virginia factoring company will advance you up to 95% within 24-hours and hold the rest in a reserve. Your customers will then pay the factor directly for their invoices. Once the payment has been received, the reserve will be released to you minus a factoring fee. It’s that simple.