· Use invoice factoring to improve a business's cash flow.
· Factoring can be employed for startups, for businesses experiencing losses, and in situations where low personal or business credit is an issue.
· Factoring converts accounts receivables into immediate cash to manage business operations more efficiently.
· Factoring provides a way to fill the gap between when a company delivers a product or service and when their customer pays.
· Factoring converts the wait for payment from weeks or months into hours or days.
· If a business has a product or service it provides to a creditworthy customer, then they’re a candidate for factoring.
· Qualification is based on the strength of the customer’s accounts receivable, not the business’s credit history.
· Factoring is the chance to obtain cash without providing collateral or increasing interest expense.
· Please get in touch so we can help secure a stable source of working capital for your customers’ growth.
Copyright © 2018 NextBizLoan - All Rights Reserved.
Powered by GoDaddy