Invoice
factoring is the process of selling your companies invoice
or invoices for immediate cash.
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
invoice factoring may help 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 95% 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. See our factoring
cost section for more information on invoice factoring
fees and advance rates.
OTHER
BENEFITS THAT OUR INVOICE FACTORING COMPANY
CAN PROVIDE:
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- Immediate
access to your cash
- Increased
sales opportunity with credit worthy customers
- Credit
decision consulting
- Collection
help by courteous professionals, if desired
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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 our company is invoice factoring.
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. |