What is Invoice Financing?
Invoice Financing is also known as accounts receivable financing, another form of debt financing and asset-based lending with rates ranging from 1%-4%. Let’s watch this short video to learn more how Invoice Financing can help your business grow.
What Is Invoice Financing?
Accounts receivable financing in the United States has historically been one of the most sought-after methods of financing that immediately improves the cash flow of businesses in any industry, including staffing, security guards, manufacturing and janitorial services. What is factoring? When a company decides to sell its accounts receivables to a financial institution, it is called factoring or financing, not borrowing.
Take Advantage of Invoice Financing Now
Depending on the nature of your industry, credit terms extended, and how creditworthy the accounts receivable customer is, a business can usually obtain between 80% to 90% of their total value up front from a factoring finance company, with the remaining difference to be returned after payment is received — less the invoice factoring financing fee.
Get Paid Today!
Your business can get paid on its accounts receivables today instead of waiting 30 to 60+ days for payments! Invoice financing allows your business to get instant cash fast. The process is simple. You sell your accounts receivables to us, and we pay you so that you do not have to wait for your customer to pay you. You get the cash you need immediately.
So what is invoice financing and how flexible is it? Invoice Financing is extremely flexible. With Capital Partners’ Invoice Financing Program, we do not require that you factor all of your customers. You choose which customers need invoice financing and send them to us; you keep the others just as they are.
Get Cash on Hand Immediately
By factoring your invoices, your business can have immediate access to cash and working capital to promote rapid growth and fund new business ventures without incurring any debt.