Invoice Financing
One of the most popular ways to quickly infuse a business with cash is to leverage the value of your outstanding receivables. Think of it as a self-liquidating line of credit that avoids long term debt.
How Invoice Financing Works
When you have invoiced your customer, your lender will advance you up to 90% of the face value of your invoice within a few hours. Once your customer has paid the invoice in full, your lender will pay out the remaining balance owed to you minus their fees.
Benefits of Invoice Financing
- Same day approval, with initial funding in 2-5 days
- Working capital is sent within 24 hours of submitting an invoice
- No maximums for monthly receivables
- Save time and money with a third party handling day-to-day accounts receivable