Invoice Factoring
Invoice Factoring
Invoice factoring is the purchase of accounts receivable for immediate cash. Invoice factoring gives businesses the power to ensure growth without diluting equity or incurring debt. After invoices are submitted and verified, they are funded by Whitmore Financial within 24 hours.
Your business needs working capital in order to take on new business, grow your business or manage everyday expenses. It’s tough to build your business when you’re waiting on your customers to pay for 30, 60 or 90 days.
Whitmore Financial allows you to get paid right away. Instead of waiting for idle invoices to get paid, send them to Whitmore Financial to get paid right away. Once we buy your invoices, we become your accounts receivable department.
Take control of your cash flow with invoice factoring with Whitmore Financial.
Our Process.
Step 1
Assessment.
Complete form to become a client & determine the credit worthiness of your debtor.
Step 2
Compliance.
Identify and comply with contract terms for immediate invoice factoring eligibility.
Step 3
Management.
We handle all of your accounts receivable and develop a customized factoring plan.
Step 4
Funding!
Receive funds to make payroll, hire labor, secure equipment and purchase material.
What our clients are saying.
