It can be made available as soon as an invoice is issued and can be used to help grow your business, buy more stock or pay wages. Gives your business quick cash-The clear advantage of invoice discounting is that you’re in control of raising cash quickly for your business. Some of the advantages of choosing either option are: Advantages of invoice financeĪs with any funding option, there are both pros and cons to committing to invoice financing. As one of the best ways to ease cash flow problems and get paid faster for completed work, invoice financing is a great way to ensure your business continues to have cash flow and can carry on growing without being held back by your finances. If your business regularly invoices for work, you could be eligible for invoice finance. That means you get paid faster for completed work, so you can focus on running your business. Our stress-free invoice factoring services and approval process takes minimal time, and you work directly with a dedicated local Principal.The concept for invoice finance is simple rather than waiting days or weeks for your invoices to be paid by customers, lenders advance you most of the value immediately. You’re not required to fill out lengthy application forms or have a lengthy wait to get funding. Payments are sent out in two installments: the initial covers around the majority of the value of your invoices the second is a reserve that’s released once payment has been collected. We purchase your outstanding invoices at a discount, delivering you cash in hand. It is on us, the factoring company and your partner, to collect payment for the invoices. Invoice factoring is not a small business loan, as there is nothing to pay back. We are just a phone call away whenever you need additional funding or need to chat about anything business-related. When you work with Liquid Capital, you don’t have to apply for funding every time there’s a short-term need for cash flow. Staffing Companies & Temporary Personnel Agenciesīenefits of invoice factoring Get quick access to capital.Printing, Publishing Services & Paper Suppliers.Liquid Capital’s invoice factoring services help small and medium-sized businesses across multiple industries that serve the B2B market (such as oil & gas, manufacturing, staffing, and trucking). What industries can leverage invoice factoring services? By working with an invoice factoring company, you’ll be able to get access to that cash flow much faster. Invoice factoring is not a loan but rather an advance on payments that are already owed to your business. It converts outstanding invoices into capital paid out to businesses that need help with immediate cash flow needs. Invoice factoring (also known as “accounts receivable factoring” or just “factoring”) is a safe and reliable way to access working capital. The gap in working capital may be impeding your business success and put future sales opportunities at risk. Yet, they’re often expected to pay out expenses before collecting their invoice payments.Įven with healthy sales to great customers – and a robust ledger of accounts receivable – employee payroll, lease payments, business supply purchases and other ongoing costs won’t wait.
Invoice Factoring Guide for Distribution and Wholesale CompaniesĪccess working capital when you need it with invoice factoring services.įor businesses at any stage, significant working capital is often held up in accounts receivable.Invoice Factoring Guide for Tech Companies.Invoice Factoring Guide for Manufacturing Companies.Invoice Factoring Guide for Trucking Companies.Invoice Factoring Guide for Oil and Gas Companies.Invoice Factoring Guide for Staffing Companies.The relationship economy and sales prospecting.
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