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Invoice Factoring Invoice factoring is the process in which a business converts unpaid invoices or accounts receivable into immediate cash by selling them to a third party finance company known as a Factor. Factoring, Invoice Factoring, Accounts Receivable Factoring, Receivables Factoring, Factoring Account Receivables, and Receivable Factoring all mean the same thing. Through Invoice Factoring, you can receive funding the same day you invoice your customers. How Does It Work? Through Invoice Factoring, you can receive funding the same day you invoice your customers. Instead of waiting 30, 60, or 90 days for your customers to pay, you send a copy of the invoices to the factoring company. The factoring company will then advance your business up to 95% of the face amount of the invoices. Then factoring company takes the responsibility for collecting payment from your customers. If you are like most of our clients, regardless of your industry, you would agree that cash is king. You simply can't purchase more inventory, or pay your employees, with promises. With more Cash Flow you could:
Our ability to provide our clients with an immediate source of cash, without incurring debt, has proven to be fundamental in their growth and expansion. And, as more and more companies have become aware of our capabilities, factoring has begun to emerge as a vital resource for growing businesses across the country. If you would like to get started, click on the link below. There is no cost or obligation to apply. Upon review of your application, a representative will contact you to design a financing program customized to your needs. If you accept the terms of our proposal, you could receive your first advance within several days. We do not require long-term contracts or monthly minimums.
EQMI, LLC * 1 Paddock Way * Mt Holly, NJ 08060 * 877.252.5064 |
