Elevate Your Business Finances: Should You Sell Your Invoices?
Step up your financial game. Selling invoices is not just about managing cash flow; it's about strategically fueling your business growth. Curious to find out more? Here’s what you need to know.
Cracking the Code on Fees and AdvancesKey elements to consider:
- The reliability of your clients' payments
- Your total monthly invoicing
- Average invoice amounts
- Your usual payment receipt times
Minimal fees, maximal benefit. For a $1,000 invoice at a 3% fee, it's just $30 – a small investment for significant returns.
Advances: Immediate Financial EmpowermentInstantly access 60-95% of your invoice's value. An 80% advance on a $1,000 invoice puts $800 in your hands immediately.
Invoice Selling vs. Traditional Bank LoansBank loans are a one-time fix. Selling invoices, on the other hand, offers ongoing financial support, keeping you debt-free and financially agile.
Boosting Your Bottom LineEven with just a 3% profit margin, increasing your sales volume through invoice selling can significantly elevate your profit levels.
Scenario Analysis: Sales Growth through Invoice SellingWithout selling invoices, $50,000 in sales could mean $1,500 profit. With invoice selling, you could potentially double sales to $100,000, boosting your profit to $10,000.
Addressing the Upfront Payment MythConcerned about only 80% upfront? With rolling advances, you effectively receive up to 97% of your money from the second month onwards.
Optimizing for Longer Customer Payment PeriodsLengthy customer payment terms? Sell invoices strategically after 30 days or focus on quicker-paying invoices for faster financial returns.
WE PROVIDE HUNDREDS OF MILLIONS IN CASH EACH YEAR
We relieve your headaches and stress of collecting on accounts receivables.
Most Convenient
You have 24/7 account access 365 days a year.
Always Reachable
When you call, you get to speak to a real live person.
Factoring is great for any business that offers services or delivered goods.
Fast money for businesses that need it
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.
MAXIMIZE YOUR TIME BY
MINIMIZING THE COLLECTION PROCESS
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.
NO DEBT - JUST CASH
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.
CAN'T GET A LOAN
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.
HELP SMALLER BUSINESSES WITHOUT THE STAFF
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.