Invoice factoring trucking products

Invoice Factoring, Factoring Invoice Discounting, Invoice Factoring Services, Invoice Factoring Help What is invoice factoring? Factoring is an effective form of business financing in which you sell your invoices to a factoring company in exchange for immediate payment by factoring invoice medical It eliminates the 30 to 60 days that your customers take to pay your invoices and provides you with the working capital you need to run your business. Factoring invoices is very easy to do. Here is how it works: You deliver goods / services to your client and issue an invoice You sell your invoice to a factoring company, who immediately advances you the 1st installment of 70% and 95% of the gross value of the invoice. You usually get the advance in as little as 24 hours After 30 to 60 days, the invoice is paid by your customer and the factoring company advances you the remaining funds as a 2nd installment (less a small financing fee) As a result of the using invoice factoring you will get predictable cash flow. Factoring eliminates the uncertainty of when you�ll get paid. Benefits of factoring your invoices Using factoring to finance your business has a number of benefits. The biggest benefits of factoring are: Factoring invoices gives you predictable cash flow. It eliminates the uncertainty of when you�ll get paid by your customers Invoice factoring lines are tied to your sales. Your financing line grows as your sales and your company grows Factoring is easy to obtain and can be set up in days Factoring invoices is ideal for established companies or startups Are factoring and purchase order financing easy to obtain? Obtaining an invoice factoring financing line is a lot faster, simpler and easier than applying for a business loan. The biggest requirement is that your company must do business with reputable customers, since your invoices are the factoring company�s collateral. This makes it an ideal product for both established businesses or startups, whose main asset is