Invoice Factoring
FinancingWhat is Invoice Factoring?
Instead of carrying unpaid invoices on a balance sheet, invoice factoring transforms credit-worthy invoices into valuable working capital.
Businesses that use invoice factoring can extend payment terms to their customers but still get paid today for completed work. This puts the
business owner in charge of when they get paid.
Some Benefits of Factoring
Same day funding on approved invoices
Off-balance sheet accounting
Free customer credit monitoring & collection services
Does not create debt
Who Factors?
Early stage or start-up companies with inconsistent cash flow
Rapidly growing companies with a need
for steady cash flow
Turnaround companies looking for balance sheet enhancement
Undercapitalized companies that need
cash flow
Features
No setup costs
No minimum monthly requirement
Simple one page application
Easy to use and set up
Lines up to $10 Million monthly