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Invoice Factoring
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Invoice Factoring

Invoice factoring or accounts receivable financing is a method for your company to raise cash immediately by selling or “discounting” your current invoices.  Invoice factoring gives you immediate working capital or cash and you can use these funds for anything you wish.  Invoice factoring is especially popular and useful today because companies are holding onto their funds as long as possible.  Invoice factoring gives you more control of your cash management because you know when you invoice a company precisely when you will get paid for it and when you will get the cash – in most cases you get paid the day after you send us a copy of the invoice. Apply Now

Invoice FactoringCash up front for your invoices with Factoring

When you offer your customer terms on your invoices you are in effect acting as his bank for the ensuing 30, 45, 60 or 90 days that they take to pay.  If you have an unlimited amount of working capital then this works out just fine.  However, if like most firms you have limited capital then your customers paying late can cause serious problems.  That's where invoice factoring can help. 

The Invoice Factoring Process:

  1. You Ship or Deliver the Goods/Service to Your Customer
  2. You prepare an invoice and send us a copy
  3. We fund immediately typically between 80-90% of the invoice
  4. When we collect the funds we remit the remainder to you less our small fee

Invoice Factoring ApplicationMost firms can utilize invoice factoring

Invoice factoring financing is ideal for companies who are growing rapidly or are unable to get funding from traditional bank sources.  When you try to obtain financing from your bank they want a lot of information on you and they also normally want you to be an A Rated company that has been in business for several years.   With factoring your upfront percentage advance and your rate is determined more by the credit worthiness of your customers than your credit.  That’s why as well as factoring for A+ companies we are also able to do start-ups and companies with credit issues.

Visit our Invoice Factoring website at: www.usfinco.com or call: 888-581-5990

 

Industries We Provide Invoice Factoring For:

Construction Agriculture CNC Shop Hauling Painting
Contractors Advertising Electronics Janitorial Security
Distribution Aerospace Fabrication Landscaping Service Providers
Freight Bill Chemical Financial Services Machine Shop Software
Manufacturing Computer Food Industry Moving & Storage Towing
Staffing Concrete Furniture Municipalities Trucking
Temp Agencies Contract Labor Government Oil & Gas Apply Now!

 

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