IMPROVE YOUR
CASH FLOW OVERNIGHT
BY SELLING YOUR UNPAID INVOICES
Waiting up to 120 days for payment can be tough. Get up to 97% of your invoice amount advanced on the very same day.
Funding in Days, Not Weeks
Consultation At No Cost To You
No
Application
Fee.
DO YOU QUALIFY?
Whether you’re a startup or a well-established operating company, trading your outstanding invoices for instant cash is straightforward.
Continue Reading…
You can qualify, if your business…
- Sells goods or services on payment terms to creditworthy businesses
- Needs reliable funds for payroll, suppliers or other expenses
- Has monthly sales of more than $5K
No Worrying About…
- Credit Check, Because It’s Not A Loan.
- Bank Credit Denials
Let's Talk About Working Capital Infusion.
Please Fill Out The Short Questionnaire
(No Application Fee)
Your information is secure and will not be shared with others not involved in funding process.
Advances Up To
Discount From
Lines Up To
Funding In
How It Works
What’s In It For You, The Seller of Invoices?
Our factor partner buys the assets (invoices) of your business. Those are invoices you issue on terms. This can mean, your customers are allowed to pay in either 30, 60, 90 or more days.
These are weeks or months without you getting paid for goods or services already delivered.
We help you get cash for those invoices.
You choose which invoices you want to sell and the factor assesses which of your customers are eligible. Together you establish a working relationship in which you keep submitting invoices and your customer will from now on pay the factor, not you.
What’s In It For Them, The Factors?
Accounts receivable factoring companies (factors) will typically charge a small fee for their factoring services, which is referred to as the discount rate or factor fee.
Why Invoice Factoring in B2B Transactions Is So Popular
Because it is a No-Debt Cash Flow Solution. Getting instant cash for your invoices is not a loan. You are selling an asset, not taking on debt.
Therefore, if you are in a situation that puts you in a cash-flow crunch, try to talk to a commercial finance consultant to see if factoring is right for you.
What Do Businesses Use Money from Factoring Unpaid Invoices For?
Unlike traditional business loans, which often come with stipulations about how you can spend the money, your factoring cash can be spent any way you wish. Businesses often use their working capital to:
- Manage payroll
- Purchase supplies and raw materials
- Buy inventory
- Cover high overhead costs
What Are The Fees?
The most popular options are a “flat discount rate” (for example, 1% every 30 days) and a “flat discount plus margin” (for example, 0.5% every 30 days plus PRIME+2% interest rate).
The invoice factoring rate that your company will be offered mainly depends on:
The model the factoring company uses to structure its discount rates,
Your company’s average collection period (days sales outstanding)
How many of your customers you set up for invoice factoring
Your company’s sales volume
The creditworthiness of your customers
Approval Is Straightforward & Fast
Getting approved for invoice factoring is a straightforward process that can provide immediate cash flow to businesses struggling with slow-paying customers. It’s much easier to qualify for factoring than it is to get a traditional bank loan or bank business line of credit. Unlike traditional bank options that rely on the business or small business owner having a good credit score, factoring companies look at the creditworthiness of the business paying the invoice—your client, not you.
Many factoring companies specialize in different industries and have different qualification requirements, fee schedules and so forth.
Therefore, it’s important to talk to a commercial finance consultant who knows the different factors, their preferences and guidelines.
Selling Your Unpaid Invoices Has Many Upsides For Your Business
Your Benefits:
- No more headaches about unpaid invoices.
- No more waiting for customers to pay up on outstanding invoices.
- Instant cash flow.
- Felxibility
- No-debt funding
- Your business relationship with your customers is not disturbed.
High Note: We Don’t Care About Your Credit
You may be eligible to sell your accounts receivables regardless of your current financial condition, credit rating, or time in business., businesses selling to other businesses on terms may be eligible to sell accounts receivables
Easy Process: To Get You Back to Business
After approval by one of our prime choices for your business’s factoring needs, there will be minimal paperwork and a quick process to set you up for automated invoicing via our factor partner.
LINE SIZE:
We offer lines starting as low as $10,000 per month and up to $1,500,000 per month, per client. We have syndication ability for transactions requiring greater than $1,500,000 per month.
For Construction Factoring we offer factoring lines up to $10 million.
The Ideal Candidate:
Your company sells to businesses
You have creditworthy customers
Your sales are $5,000 or more per month
You have limited or no access to bank financing
Your company and your customers are incorporated in the United States
You give customers 30 or more days to pay
- You have confidence in growing your business
FAQs
Get your factoring questions answered, whether you’ve been factoring for years or just getting started.
It’s simple. Complete our initial factoring application, and we will contact you promptly to discuss the next step.
Rates depend on a number a factors. And each provider uses their own model. We introduce the best fit for your case. Plus, before you decide on anything, the rates will be explained to you in full transparency, so there won't be any surprises.
Start a no-obligation assessment request by filling out the form so that we can get you more information pertaining to your needs.
As non-recourse factors, our funding sources assume the risk of your customer not being financially able to pay for the services provided. However, they do not assume the risk of non-payment due to disputes regarding quality or timeliness of goods or services.
No, you can factor as few as one or as many as all of your customers’ invoices. You can stop factoring whenever you want, or continue for as long as you desire/need.
There is no fixed-term to any of our contracts. You can sell us invoices for as long or as short of a period as you require.
You inform your customer that the financial rights to the invoice have been sold to the factor you signed the factoring contract of the invoice in question with. You continue to bill normally. Checks are made payable to the funding source (factor).
We get paid when the factor gets paid. This does not affect your payout amounts.
Unlike debt financing requirements, our funding sources do not require a history of profitability, a long operating history, personal collateral or any personal guarantees or credit of the owner(s).
The products or services must have been completed, delivered and accepted; and your customer must be a creditworthy risk.
Once an account has been established, you can receive it as quickly as
24 – 48 hours for verified invoices and approved debtors (your customers).
Fill out the short assessment application to start a discovery call.
Get Started Today!
All funding is made or arranged pursuant to U.S./State Financing Laws.
Guidelines, minimums and industry types are subject to change at our sole discretion without notice.