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How Factoring Works
Questions?

In need of Working Capital?

If your business is like many other manufacturers in Fargo, you have probably found yourself in need of working capital. As you're surely aware, getting a bank loan these days isn't as easy as it once was. As a result, manufacturers in North Dakota are turning to the tried and proven solution: Manufacturer Factoring.

debt-free working capital through the sale of invoicesManufacturer Factoring provides manufacturers in Fargo a reliable source of debt-free working capital through the sale of open invoices (accounts receivable).

Imagine if your A/R suddenly wasn't! It instead was just R! ...we can make this happen. Call Invoice Advance today, let us help you get your financial cards in place and grow your North Dakota business.

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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