Phone: (515) 964-1488 | Fax: (515)-964-3319
Phone: (515) 964-1488 | Fax: (515)-964-3319
How factoring works
Businesses sometimes can’t wait 30 to 90 days to receive payment from customers, and banks are often reluctant to view accounts receivable as adequate collateral for short-term loans. With invoice factoring, you sell your accounts receivables to us for cash.
You submit your invoice to us, we verify it, and you receive your cash – usually same day or within 24 hours. It’s that easy. We then collect from your customers while you are free to get on with business.
For a small fee, factoring invoices can provide you with the cash flow you need to meet immediate expenses or expand your business without diluting your equity or taking on debt. All while reducing your administrative burden and improving your credit risk management.