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Factoring invoices is not a loan, and is often referred to as ‘off balance sheet’ financing. You simply sell your invoices to a lender and receive up to 90% advance. The balance is returned less fees as the receivables are collected.
Working capital is for when your business has unpaid customer invoices that you can’t wait to be paid. You can use invoices to get cash now. Best for businesses with unpaid invoices that need fast funding, which is easier to get approved for compared to other similar options.
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
• Fast Cash
• Fairly simple and easy approval
• Businesses with invoice that need cash right away
• Invoice with 30,60 or 90 day payment terms are best
Fill out our Quick Apply application.
We review your goals and present you with programs matching your needs, getting an offer in 24 hours.
Choose the program that fits you best and receive funding within 48 hours.
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