Janitorial Factoring : Fargo, ND
Ever find yourself in the position where you're Fargo Company is stuck. Payroll's due. You're holding on invoices 30, 40, even 50+ days old, but you have no cash to meet payroll? It's a precarious position many other North Dakota janitorial and maintenance companies have also experienced.
What these North Dakota maintenance and janitorial companies have learned is how to factor their invoices. Janitorial Factoring provides you needed cash right away, and not after payroll's due. When you factor your invoices a factor advances a portion (usually 80% or more) to you. With those funds you can meet payroll. You can meet all of your expenses. It's so simple you'll have wished you did it years ago. Call us today and don't let another day go by.
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.