Factoring
A business advance collateralized by your outstanding invoices
Invoice factoring is a way for small businesses to take out a loan against unpaid customer invoices to quickly unlock funds from pending invoices for operational expenses and growth opportunities.
Contact us to learn more about Factoring
Call us at (212) 931-6858 to speak to a loan specialist today.
Factoring made simple
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How funding works
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An invoice is a bill for goods or services already provided
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A business sells its invoices to a third party (the factor) in order to meet its current obligations
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Rates are based on
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The invoice holder’s credit worthiness
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The length of time until the invoice will be paid
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Required documents
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Sample invoice
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Accounts receivable aging report
4
Ask yourself
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Are you currently factoring any invoices?
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Do you presently have a need for additional cash flow?
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