As a savvy business leader, you're always looking for clear, impactful strategies to enhance your financial position. Consider the untapped potential of selling your invoices. This method offers a direct path to improved cash flow. Here's what you need to know.
Understanding Fees and AdvancesImportant considerations include:
The fees involved are modest and pragmatic, generally ranging from 2-5% of the invoice's value. For instance, on a $1,000 invoice, a 3% fee amounts to a $30 investment in bolstering your financial stability.
Advances: Immediate Financial EmpowermentAdvances offer an immediate infusion of funds, usually representing 60-95% of your invoice's total value. As an example, securing an 80% advance on a $1,000 invoice translates to $800 instantly available for use in your business.
We relieve your headaches and stress of collecting on accounts receivables.
You have 24/7 account access 365 days a year.
When you call, you get to speak to a real live person.
Don't wait long periods for a loan. Many of our factoring deals can take place in as little as 24 to 48 hours. If you need capital right now or are looking to expand then factoring is the way to go. We work on your time instead of you working on a bank's schedule.
If you need cash and you're sitting on a lot of unpaid invoices then factoring with us is the way to go. We'll give you the cash that your business needs and collect from your customers.
Debt is risky while at the same time being beneficial to growing a business. Start-ups can relieve themselves of the risk of debt and still create capital with factoring.
If you're a start-up or your business has a poor history or credit then you can still get the cash that you need. Today's banking atmosphere makes it a challenge for even the most-qualified businesses to get a loan. Factoring takes care of all of that.
Without a collections department or a small staff, collections often come down to you doing all of the leg work. Our Factoring Service will alleviate that burden and provide the service that you're not equipped to handle.