Services Based on Consumer Receivables
Consumer Receivables Factoring Services
Receivables factoring is a great way for your company to get paid on invoices immediately. Depending on the factoring company you choose, they will give you a certain percentage of your account’s worth in return for purchasing your outstanding receivables. This transaction usually only takes days or hours. This type of financing helps you get paid for your services without having to wait for months or years.
Factoring Consumer Receivables Energize Your Business
What are the benefits of consumer receivables factoring? Not only does it give your company the cash it needs to pay for current expenses, in addition to receiving support for billing and collections. It’s fiscally responsible for your company to sell off seasoned portfolios and accounts that have been written off. By doing this, you can take advantage of discounts for early payment. This will give you the financial preparedness needed to handle more clients and contracts down the line.
Ready to start invoice factoring?
Complete the form or call 855-513-2473 for more information. We’re happy to help!
The questions and answers below will help introduce you to the concept of consumer receivables factoring.
Which Businesses Can Profit from Factoring in Consumer Receivables?
A factoring relationship not only gives you immediate access to cash, but also provides other significant benefits for your business!
Unsecured Business Loans Can Offer Extra Financing Options
If you’re billing your consumers under contractual terms and are seeking an ongoing source of funding, then look no further than invoice factoring. If that doesn’t sound like something that would fit your business model or If you’re only interested in a one-time payment, we can still assist you at Factor Finders. Unsecured business loans are a ideal financing solution for new businesses. If your business has been open for at least 12 months and generates $100,000 or more annually, you’ll likely qualify for an unsecured loan.
Loans that don’t require collateral or personal guarantees are unsecured business loans. With no risks like this, small business owners can take out these loans for quick working capital. You could have the funding you need for your business in only 24 hours. Why wait? If you need more money for your business, please contact us! We would be happy to help you determine the best unsecured business lending solution that meets your needs.
What is invoice factoring? It’s a process whereby businesses sell their invoices to investors in order to receive immediate cash. Learn more about our factoring services for businesses.