FACTORING
Paid up front for accounts receivable
Reinvest held up capital into business
Funding in less than a week
Interest paid is tax deductible
Open accessible funds
Open credit for future accounts receivable
A/R factoring advantages
Restocking inventory
Business expansion
Renovations and remodeling
Access to capital
Getting caught up with payroll
Reconsolidation of expensive debt
Unexpected expenses
Seasonal declines
Common uses for our factoring
Factoring
Factoring loans, also known as invoice factoring, is a financial solution that helps businesses manage their cash flow. Imagine you run a business and have outstanding invoices (money your customers owe you) that you haven't been paid for yet. With factoring, you can sell these invoices to a third-party company, known as a factor, at a discounted rate. The factor gives you an immediate cash advance, usually a significant portion of the invoice value, allowing you to access funds without waiting for your customers to pay. The factor then collects the full amount from your customers when the invoices are due. They deduct their fee (which is the discount they applied) and return the remaining amount to you. Factoring loans provide businesses with quick access to cash, helping them bridge the gap between invoicing and receiving payment. It's a practical way to maintain a healthy cash flow and continue operations without disruptions.