Invoice factoring is a long-term solution to improve cash flow quickly by receiving funds upfront from customer invoices, before those invoices are paid to you.
Essentially you are Fronted money to cover customer invoices to keep business flowing without delay. Cash flow is an important part of any business operation and can help provide business opportunities. Invoice Factoring is a perfect way to gain access to capital as your business sales grow, more sales equals more access to upfront cash flow.
Is Invoice Factoring for Me?
If you need quick cash flow for your business, it could be a great option. This type of loan would be covering customer invoices upfront, that are business to business transactions. You expect the money, but in case of any delays, Invoice Factoring would make sure you have enough on hand to cover expenses for your business. It’s a simple transaction you choose the amount you want to receive upfront. Know exactly what you’re paying in fees beforehand. With Invoice Factoring you don’t have to make any payments, simply keep receiving funds from your invoices.