What is Invoice Factoring?
Invoice Factoring is the process of turning your company’s accounts receivable into immediate cash. You do not need to chase your customers and wait until they pay your invoices. We will act as your risk control team, collecting all your outstanding invoices as well as advising on your customers’ credibility.
How Invoice Factoring works?
Invoice Factoring Benefits
Quick access to funds
You get up to 95% of your outstanding invoice values the same day you submit the invoice.
Stress relief and time efficiency
We take care of all your accounts receivable so you can save time by not having to chase late payments or pay bills. This can aid in meeting payroll deadlines, or purchasing new supplies in a timely fashion.
We will provide you with useful information about the credit standing of your customers so you deal only with creditworthy customers.
Smooth cash flow with no debt
Invoice factoring is not a loan so no liabilities are added to your balance sheet thereby allowing you to plan and fund your business growth.
Total control and transparency
You get 24/7 access to your online account to monitor all transactions, funding, and collection notes.