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How Factoring Works
Questions?

Tired of waiting on payments?

Are you waiting on payment, so you can satisfy expenses? You are not alone and many other manufacturers in Dothan have turned to Manufacturer Factoring. It's true — Experian has recently reported that companies of all sizes are delaying payment of bills. This begs the question...What happens when your client pays you 10 or 20 days late?

Manufacturers and other Industries in Alabama are reporting that usually 30 days turns into 40 days, 45 days turns into 60 days... and so on. What does that mean to you? When you bill out today, you've already spent the money to produce your product and now you have to wait... and wait... and wait... you're really out money not only 30 days, or 45 days but more likely 45-60 days —Ouch!

stop the waiting game, simplify your cash flowInvoice Advance wants to simplify your cash flow. Call us today and learn how to increase top and bottom lines in a cost effective manner, all while putting your money in the bank the day you bill.

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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