WORKING CAPITAL/INVOICE FACTORING

Working capital is used to cover a company's short-term expenses such as inventory, short-term debt payments, and day-to-day expenses. Working capital is required to keep a firm running efficiently. It is necessary to use working capital when a company has unpaid customer invoices and you cannot wait till they are paid before you may receive payment. It is possible to get cash at this moment through the usage of invoices. Businesses with outstanding invoices in need of urgent financing can benefit the most from this option, as it is less difficult to obtain approval for than other similar options.

Pros:

  • Fast Cash

  • Fairly simple and easy approval
     

Cons: 

  • Cost of borrowing may be high
     

Best for: 

  • Businesses with invoice that need cash right away

  • Invoice with 30,60 or 90 day payment terms are best

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Our 3 Step Process:

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1. Apply

Fill out our Quick Apply application.

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2. We review your application

We review your goals and present you with programs matching your needs, getting an offer in 24 hours.

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3. Receive funding

Choose the program that fits you best and receive funding within 48 hours.