Factoring is the fastest, most flexible means for a business to finance growth and to cover working capital needs. Advances are made to your business against new or outstanding invoices thereby improving your cash flow and working capital. 

You are paid 70-90+% (depending on your type of industry) of the value of the invoice within 24 hours with the remaining balance paid to you (less a small service fee) once we receive payment from your customer.

Working with a factor can mean a reduction in collection days and improved cash flow thereby providing valuable management time for focusing on growing your business.  At no cost, the factor will provide credit checking services to make sure your customers and potential customers meet credit standards.

With factoring, you do not have to give up equity in your business or pledge personal assets as collateral. Factoring is not a loan so you do not incur debt and have monthly payments. The focus is on the creditworthiness of your customers rather than your credit. Factoring often helps strengthen (improve) both your business and personal credit.

For more information on factoring please click here.