Invoice
factoring is the process of selling your companies invoice
or invoices for immediate cash. Cash flow is the single
biggest hurdle that many business owners face in today’s
competitive environment and we understand that you need
cash for invoiced sales quickly. By converting your accounts
receivable to cash you can count the cash instead of waiting
at the mail box for checks to slowly arrive. Our invoice
factoring programs turn on the cash flow so our clients
can focus on what they do best. We encourage you to take
a look at our site and learn more about this cash flow solution.
How
do I know if invoice factoring makes sense for my business?
This
is fairly easy to answer for most business owners after
considering the following possibilities:
How
would my business change if all my customers paid in one
day?
Could
my company benefit from outsourcing some of the accounts
receivable work?
Want
a quick factoring
quote? Please click
here to get a great factoring
rate.
Questions? Call us at 1 (877) 876 2803 now (toll free).
The
benefits of increased cash flow will vary depending on your
business model. If you would like to find out how much invoice
factoring will cost for your business you can click
here for a free rate quote. Once you know the cost you
can determine how your business may benefit by using invoice
factoring as a cash flow tool.
Our
invoice factoring programs normally provide advance rates
that range from 80% to as high as 97% depending on the how
the overall situation looks and the needs of our clients.
The invoice factoring fee’s normally range from 1%
to 4% per 30 day period. Most of our clients gain more value
within the business by getting the cash for invoices within
one business day which makes our low fees make business
sense. See our factoring cost
section for more information on invoice factoring fees and
advance rates.
OTHER
BENEFITS THAT INVOICE FACTORING CAN PROVIDE:
- Immediate
access to your cash
- Increased
sales opportunity with credit worthy customers
- Credit
decision consulting
- Collection
help by courteous professionals, if desired
|
We also provide same day funding
for most of our invoice factoring clients. The invoice submission
process can be made via overnight mail, fax, or scanned
images. We then process the invoices for factoring and then
wire or ACH the appropriate amount to our clients existing
bank account. In most invoice factoring relationships a
verbal or written invoice confirmation is require before
funds are dispersed. We then mail your customers the invoice
with remit instructions to our lock box. You are also provided
real time online access to view the status of each factored
invoice. This allows you to manage the relationship with
the client while factoring the invoice.
Click
here to get a free invoice factoring rate quote
Still
not sure if invoice factoring makes sense for your business?
We have several factoring consultants available to discuss
your individual business needs by calling 877-876-2803.
Our goal is to eliminate cash flow issues for our clients
and provide the working capital needed for continued growth
and profitability. |