What Is Invoice Factoring?
Very simply, Invoice Factoring is a business financing transaction where your business sells its creditworthy accounts receivable at a small discount for cash. You quickly get working capital funding (cash for your business) against the value of your outstanding invoices.
Factoring invoices is NOT a traditional, high-interest bank loan, so there are no daily, weekly, or monthly payments and no additional debt on your company’s balance sheet.
It doesn’t matter if banks have turned you down for a line of credit or loan. If you have creditworthy clients and good receivables, Business Finance Corporation can help finance your business.
Why factor? Learn how it can maximize your cash flow.