Unlike a bank loan, the qualification process for invoice factoring only requires basic company information and can be completed in as little as 3 days, once the application is accepted.
Fast cash – no more waiting on slow paying clients
The factor will typically pay you within 24 hours after receiving your invoices. No more waiting for 30,60 or 90 days.
Use your own receivables as cash
Because you are using your own receivables, factoring will not show up on your balance sheet.
Imperfect Financial Statements – No Problem
Qualification for factoring is based on the creditworthiness of your customers, not your credit.
Accounts receivable managed by experts
The Factor’s professional A/R team manages the receivables that you factor, saving you time and A/R management expenses.
Reduce the stress of constrained cash flow
Factoring your invoices and getting immediate cash reduces the stress of late payment, the inability to pay taxes or meet payroll.
Waiting for customers to pay their invoices may be a large contributor to your company cash flow crunch. Invoice factoring offers fast payment of your invoices, which can help avoid this situation.