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Guidance
Funding

FACTORING
AN ADVANCE COLLATERALIZED BY YOUR BUSINESS'S OUTSTANDING INVOICES
how funding works
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an invoice is a bill for goods or services already provided
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a business sells its invoices to a third party (the factor) in order to meet its current cash flow obligations
rates are based on:
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the invoice holders credit worthiness
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the length of time until the invoice will be paid
ask yourself
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are you currently factoring any invoices?
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do you presently have a need for additional cash flow?
required documents
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sample invoice
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accounts receivable aging report
good to know
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we only factor business to business transactions
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residual account; represents an ongoing relationship
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with factoring you have the chance to get paid for your invoices right away –– no need to wait
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