Invoice factoring is a specialty form of financing where businesses can sell their invoices at a discounted price in exchange for instant capital. For situations where immediate cash is required to complete payroll or take care of an unexpected expense, the waiting period of 30-90 days for invoice fulfillment can be inconvenient at best and disastrous to your business at worst.
In these instances, invoice factoring can give you access to instant cash to fulfill the necessary elements of your business. Funders will receive payments from your customer's invoice directly, or you will forward payments to the funder until the entirety of the loan is fulfilled. Now you can turn the cash-bearing elements of your business into a fulcrum for a fast and secure loan- allowing you to remain flexible with the cash flow in your business and make the decisions that matter now, not in months.
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