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How Factoring Works
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Janitorial Factoring : Anchorage, AK

Sometimes life throws a curveball

One of our janitorial clients, Hector was running a business in a city just like Anchorage which was doing about $30,000 a month in sales. Every month was the same story that so many companies we deal with go through. Running from Peter to pay Paul; borrowing from family and friends, just to get nowhere fast. Stuck in stress mode like so many other maintenance companies in Alaska.

What happened?...Hector called us. We were able to take his open receivables (over $70,000) and advance him the cash he needed to meet payroll and cover rent. Since that time (a few short years ago) Hector has built a thriving business billing out more than $500,000 per month. If Hectors experience is similar to yours, give us a call. We can help you too.

How Factoring Works:
The Factoring Cycle:

You sell a product, and or a service to your client.

That's all she wrote; repeat "The Factoring Cycle" as often as needed.

You invoice your client, and submit a copy of the invoice(s) to Factor.

Once paid, the Factor pays you the remaining 10-30% (less service fees).

Factor then verifies the authenticity of the invoice(s) submitted.

Factor will now wait on payment of invoice(s) from your client.

Once verified, Factor will fund 70 – 90% of invoice(s) face value.

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.

Invoice Factoring Calculator
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