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?
Click Here for a Free Factoring Quote
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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 99% 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. We are one of the few factoring companies that can provide factoring for most B2B companies, even freight broker factoring in the trucking industry.
OTHER
BENEFITS THAT INVOICE FACTORING 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 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 1-877-876-2803. Our goal is to
eliminate cash flow issues for our clients and
provide the working capital needed for continued
growth and profitability.
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