Manufacturer Factoring : High Point, NC
With Manufacturer Factoring you can join the numerous other manufacturers in High Point who have turned to one of the oldest and certainly most proven forms of business finance: Factoring. You can have your receivables paid the day you invoice, you too can negotiate vendor discounts and you too can always take on the business you want to.
With Manufacturer Factoring you too can achieve the success many other North Carolina Manufacturers and businesses have. Call Invoice Advance today, and let us help strengthen your financial picture.
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.