Ohio Invoice Factoring
Ohio is a state with many great cities and towns with businesses of all sizes and industry throughout the buckeye state. Invoice factoring in Ohio provides working capital by simply turning your aged invoices into cash. This process gives your Ohio business quick cash flow. This allows you to keep your operation running smoothly without adding debt to your balance sheet. In Ohio if you want invoice factoring services fast you have found the fastest option available with rates quoted in minutes and funding possible in just a few days.
Online invoice factoring is the fast and simple process of submitting your invoices to the factor once work is completed. No need to wait 30 to 60 days or more to get paid for the work you have already completed anymore once your set up for invoice factoring.
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Getting Set Up For Invoice Factoring In Ohio
- Submit the short application with minimal requirements. Unlike slow moving banks the approval process is done in one business day. After approval you can begin submitting invoices for funding.
- The factor will verify the submitted invoice / invoices. Upon verification up to 99% of the invoice total will be electronically deposited into your account.
- For a small fee (1% to 3% on average), the Ohio invoice factor then waits to get paid from your business customer. Any funds that were held in reserve and not advanced are then electronically sent back to your business checking account after payment is received.
Additional Benefits Of Ohio Invoice Factoring
- – Low Rates
- – Flat Fee Structure
- – Office Support
- – Free Credit Checks
- – Latest Technology With Real Time Information On Invoice Funding Status