Transform your business's financial landscape. Beyond the mere calculation of fees, selling invoices is a strategic decision for growth. Are you ready to explore this path? Here's what you need to consider.
Demystifying Fees and AdvancesConsider these pivotal factors:
Investing in growth: Fees are just 2-5% of the invoice value. At 3% for a $1,000 invoice, the cost is a mere $30.
Advances: Your Path to Immediate CashGet 60-95% of your invoice value upfront. With an 80% advance on a $1,000 invoice, that’s $800 available right away.
Invoice Selling vs. Bank Loans: The Modern ApproachWhile bank loans are a one-off, selling invoices provides you with a steady financial stream, enhancing your business's liquidity without accruing debt.
Profit Margin OptimizationA mere 3% profit margin can significantly increase with the additional business volume garnered through invoice selling, giving your profits a substantial boost.
Illustrating Growth: The Impact of Invoice SellingImagine this: without selling invoices, you make a $1,500 profit on $50,000 sales. Opt for invoice selling, and you might double your sales to $100,000, netting a $10,000 profit.
Clarifying the Upfront Payment DilemmaAn initial 80% payment might seem less, but with ongoing advances, you’re effectively accessing nearly all your funds – up to 97% – from the second month.
Strategizing for Varied Payment TimelinesFace extended payment terms head-on by strategically selling invoices after a 30-day period or prioritizing those from prompt-paying customers for quicker financial gains.
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Don't wait long periods for a loan. Many of our factoring deals can take place in as little as 24 to 48 hours. If you need capital right now or are looking to expand then factoring is the way to go. We work on your time instead of you working on a bank's schedule.
If you need cash and you're sitting on a lot of unpaid invoices then factoring with us is the way to go. We'll give you the cash that your business needs and collect from your customers.
Debt is risky while at the same time being beneficial to growing a business. Start-ups can relieve themselves of the risk of debt and still create capital with factoring.
If you're a start-up or your business has a poor history or credit then you can still get the cash that you need. Today's banking atmosphere makes it a challenge for even the most-qualified businesses to get a loan. Factoring takes care of all of that.
Without a collections department or a small staff, collections often come down to you doing all of the leg work. Our Factoring Service will alleviate that burden and provide the service that you're not equipped to handle.