Manufacturer Factoring : Saint Louis, MO
If you own a Missouri Manufacturing Company, chances are your all too familiar with the delicate balancing act of maintaining healthy cash flow. The amount of time (30-60, even 90+ days) waiting for a client's payment can be nerve racking. Waiting... and waiting... all while you have your everyday expenses such as payroll, repairs, rent and paying suppliers. This is where Manufacturer Factoring can go to work for you.
When you partner with Invoice Advances, your Saint Louis Company will be advanced 80% or more of its invoices immediately, with the rest reconciled once your customers have paid the invoice(s) in full. No more waiting, just selling, shipping, and getting paid. Free your cash-flow with Invoice Advance and Manufacturer Factoring.
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.