Gain Cash Flow via Invoice Factoring

Lately thanks to the economic circumstances globally, many businesses are experiencing unpredictable cash flow. But it is tough to make incoming cash stretch to cover your short-term obligations. One way to regain your financial balance is to work with a factoring company, which can provide you with working capital when conventional funding is not available.

Once your are set up with a factor, you'll be advanced a large percentage of the face value of the invoice. Credit worthy accounts receivables can be traded in or cashed in for immediate cash that is available to you in less than 24 to 48 hours.

If you are waiting for the invoice to be paid in the next 30-45 days, or longer, the cost of doing business with a factor is the discount fee. These fees from an invoice factoring company range from one to ten percent, depending on volume, creditworthiness of the customer being invoiced and risk.

Source: Interface Financial Group