Straight Talk: Making Sense of Invoice Selling for Your Business
In the world of business, clarity is king. Selling your invoices? It might sound complex, but it's a straightforward way to enhance your cash flow. Let's demystify this option with clear, useful information.
How Fees and Advances WorkHere are the essentials:
- The dependability of your customers' payments: Essential for predictable cash flow.
- Your monthly billing: Directly tied to your financial stability.
- Your invoices' average value: Crucial for planning and managing your finances.
- Payment collection period: Affects your business's cash availability.
Fees are a straightforward 2-5% of your invoice's value. A 3% fee on a $1,000 invoice equals a manageable $30.
The Basics of AdvancesAdvances provide you with immediate funds, usually 60-95% of the invoice value. For example, receive $800 right away on a $1,000 invoice with an 80% advance rate.
WE PROVIDE HUNDREDS OF MILLIONS IN CASH EACH YEAR
We relieve your headaches and stress of collecting on accounts receivables.
Most Convenient
You have 24/7 account access 365 days a year.
Always Reachable
When you call, you get to speak to a real live person.
Factoring is great for any business that offers services or delivered goods.
Fast money for businesses that need it
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.
MAXIMIZE YOUR TIME BY
MINIMIZING THE COLLECTION PROCESS
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.
NO DEBT - JUST CASH
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.
CAN'T GET A LOAN
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.
HELP SMALLER BUSINESSES WITHOUT THE STAFF
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.