Accounts Recievable Facotring
Turn Unpaid Invoices into Working Capital !
Essentially factoring your invoices is the sale of accounts receivable for working capital purposes. A company ( you ) will receive an initial advance, usually around 80% of the amount of the selected invoice when the invoice is purchased by the lender ( us ). When they collect the invoice, the lender pays the remaining 20% (less a fee) to the borrower.
Benefits are :
- Get paid in as little as 24hrs on a >60 day invoice
- Freedom to choose which invoice you would like to submit for Factoring
- No hassle sign up process, easily connect QuickBooks and other Accounts Receivable software available
- Low weekly & monthly rates
- 90% of applicants are approved
- Fast Decisions within 30 minutes of submitting