What is Factoring?
-
Factoring is the purchasing of accounts receivable (i.e. your invoices) for immediate cash
-
Factoring is a time honored financial tool companies use to help meet their cash flow needs
-
Factoring is not a loan. It is immediate cash for the sale of an invoice that you own and that you are not limited in how you use the funds that you receive!
How Does Factoring Work?
-
You submit an application
-
We review the application
-
When approved, you send us the invoice (accounts receivable) for which you want cash
-
Once certain requirements are met, we write you a check with in 24 - 48 hrs
-
When the invoices are paid, we pay you the balance of the invoices minus our nominal fee

|