Government Factoring : Saint Joseph, MO
End the struggle; always be on time with payroll, salaries, taxes, rent, and other operating expenses. Factoring will transform your Saint Joseph company's government receivables in to cash instantly. If you find yourself in a cash flow pickle, then Invoice Advance is your Missouri company's simple solution.
Always meet payroll, and meet it on time!
At Invoice Advance we have specialists who facilitate innovative Factoring arrangements for government contractors. Our associates have a deep understanding of The Assignment of Claims Act (31 U.S.C.3727) which is a federal law that specifies the processes for assigning invoices of government contractors.
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.