Government Factoring : Blue Springs, MO
Government Factoring takes the worry out of growing your Blue Springs business. Government Factoring is the process of converting your contracts/invoices into cash. If you're a government contractor or subcontractor and are in need of working capital, invoice factoring could be just the answer you've been looking for. Contact Invoice Advance today, and let us help you unlock the power held in your government contracts.
At Invoice Advance we understand the Assignment of Claims Act, a federal law that specifies the processes for assigning invoices of government contractors. Invoice Advance understands the government often can constrict cash flow, in turn limiting opportunity, and that's exactly why we're in business. Never again worry to meet payroll, never again worry about growing your Missouri company.
The Factoring Cycle:
You sell a product, and or a service to your client.
Step 2:
You invoice your client, and submit a copy of the invoice(s) to Factor.
Step 3:
Factor then verifies the authenticity of the invoice(s) submitted.
Step 4:
Once verified, Factor will fund 70 – 90% of invoice(s) face value.
Step 5:
Factor will now wait on payment of invoice(s) from your client.
Step 6:
Once paid, the Factor pays you the remaining 10-30% (less service fees).
Step 7:
That's all she wrote; repeat "The Factoring Cycle" as often as needed.