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How Factoring Works

Medical Factoring : Meridian, MS

Has your Meridian company ever had to turn down business because it didn't have the resources needed to hire additional personal? If so, we can help. Here at Invoice Advance we are committed to facilitating invoice factoring to companies in Mississippi which provide products and services to the healthcare industry.

Medical Factoring will enable your Meridian business to grow —fasterTaking advantage of medical invoice factoring will enable your Meridian business to grow —faster, all without compromising your present duties to payroll, taxes, and other obligations. If you are constantly finding yourself in a cash flow crunch, then pick up the phone and give us a call.

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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