Why Use Factoring
Why Do Companies Use Invoice Factoring?
..Invoice factoring is a type of alternative financing that helps businesses improve their cash flow situation. It can be used in place of or sometimes in addition to other types of financing such as equipment financing, unsecured loans, and venture capital. Companies use the cash they receive from factoring for a variety of reasons, including:
- To make payroll.
- To pay rent.
- To buy inventory or raw materials.
- To hire more employees.
- To take on new orders/clients.
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.
