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How Does Invoice Factoring Work?
💰 Unleash CASH FLOW from unpaid Customer Receivables. With Invoice Financing, a business can ACCESS THEIR UNPAID INVOICES in an ADVANCE to keep Cash flowing to their bank account.
BEST for business owners who have customers that do not pay for their goods or services immediately, in industries like manufacturing and services where they are invoicing customers for a tangible, completed good or service.
● Not a loan
● NO personal guarantees are required.
● Funding is provided in just a few days from approval.
Benefits
✳️ Factoring allows Small Business Owners to RECEIVE NEW CONTRACTS that normally they won’t be able to fulfill.
✳️FREES UP WORKING CAPITAL to be used on other projects.
📄 FACTORING (Purchase Order Financing and Invoice Financing) can help with:
● Covering payroll and overhead costs
● Paying vendors
● Funding growth initiatives
Contact us to discuss!
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