Manufacturer Factoring : Terre Haute, IN
In need of Working Capital?
If your business is like many other manufacturers in Terre Haute, 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 Indiana are turning to the tried and proven solution: Manufacturer Factoring.
Manufacturer Factoring provides manufacturers in Terre Haute 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 Indiana business.
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.