Account Receivable Financing
Many growing businesses struggle because the invoice payment cycle is so much longer than the payroll and bill cycle. Money owed to you comes in a lot slower than the bills you need to pay.
Factoring
Factoring is selling your invoices so you can get paid up front. When you have a pile of invoices that you have already completed but haven’t been paid for yet, one option is to sell those invoices to a company who will pay you NOW, so you can make payroll or take on more work to build your business.
Why Use Factoring:
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Purchase Order Financing
We offers financing to manufacturers, distributors and produce companies. We can finance the largest of companies to the smallest, including start-ups. The Funding Source understands the business of manufacturing and production. We know the most important factors to your company’s success is being able to manufacture and deliver your product on time. We usually fund loans within 2 business days of approval.
Benefits:
- Cash received for your Invoices in 24 hours or less
- Gain needed capital without giving up equity
- Add capital to your business that is not a loan
- Reduce administration costs associated with collection activity
Remember we work for you! So don’t wait or hesitate, call us now to get more information about ANY of our business services.
Call us toll free: 1-877-386-3408