
Preguntas más frecuentes
Factoring is a type of financing that helps businesses increase cash flow due to slow-paying clients. Normal clients take 30, 60, 90 or more days for traditional payment terms, you can’t always control the way cash flows in and out of your business creating money problems. Selling accounts receivables (financing invoices) gives you immediate cash that can be used to pay current and important expenses like payroll, suppliers, vendors, repairs.
Most transactions follow these steps:
Your company delivers the goods/services to the client
You submit an invoice for financing
The factoring company advances 85% of the invoice (this amount varies)
Your client pays depending on the time terms
The factoring company issues a rebate of 15%, less the service fee
Factoring helps you manage your company’s financial obligations and operating expenses. With the cash in hand, you can keep suppliers and employees satisfied with on-time payments. Since factoring also allows companies to bring in money without taking on new debt, it can be an excellent solution if you do not qualify for a loan.
- The capacity to develop deals without being restricted by existing capital
- Allows organizations to grow and develop without increased bank obligation
- Guarantees deliveries to customers with the right Cash Flow in hand
- Increase market share
- Allows organizations to make higher profits by fulfilling larger orders
- Flexible, and fast financing
Flexibility: Fund only when you need. There are no minimum or maximum invoices to sell
Customer Service: Our team is readily available to help with any questions, issues, or concerns. In addition, we have English and Spanish speakers to assist you.
Easy to work with: Our online software tool can be accessed from any device everywhere in the world
Purchase Order (PO) Financing is a type of financing that allows a business to receive funding for a pre-ordered project using the purchase order from the client. Many times, businesses do not have the cash on hand that they need in order to purchase all of the materials necessary for a big order, nor can they obtain credit from a bank based on their credit history. By financing your purchase orders with a PO financing company, you will have the cash to fill new orders and grow your business.
