Invoice Factoring

Are you facing cash flow challenges due to long payment cycles, often because clients take 30, 60, or even 90 days to pay their invoices? Is it a struggle to cover day-to-day expenses, like payroll, rent, and supplier payments, due to delayed customer payments? Or is your credit challenged making it difficult to qualify for traditional bank loans and/or you want to avoid taking on new debt. Invoice factoring can be a solution to you problem. 

It is a financial service where a business sells its unpaid invoices to a factoring company at a discount in exchange for immediate cash.

 Instead of waiting 30, 60, or 90 days for customer payments, the business receives a portion of the invoice value upfront (usually around 80-90%). The factoring company then collects the full payment from the customer, keeping a fee and paying the balance back to the business. This helps improve cash flow for businesses facing delays in payment cycles, enabling them to meet ongoing expenses and invest in growth without taking on traditional debt. Contact us to explore how invoice factoring can benefit your business.