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If you do qualify for a bank loan, you'll have to wait for several months to complete the entire transaction. Many small business owners apply for a bank loan, but banks often require collateral, a stellar credit rating, and an established business model. However, you find out that you need immediate working capital to pay your employees. You've invoiced them for $15,000, and they agree to pay it off within 60 days. Suppose you own a retail store and sell your products to another business.
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Banks, independent finance providers, and online lenders provide invoice factoring services. In the meantime, we invite you to apply online, call us at 888.833.2286, or email our cash flow consultants at for more information.Invoice factoring is a financing option that allows small business owners to sell unpaid invoices to a factor or factoring company in exchange for immediate funding. We are constantly updating and expanding our website, so new areas are added regularly. We accept applications from companies doing business throughout the United States. My location is not listed on your website. Please call 888.833.2286 or email us at for more information. Fast A/R Funding provides invoice factoring services to an increasing variety of businesses. Do you serve other industries?Ībsolutely. My industry is not listed on your website. With our world-class customer support team and cutting-edge technology, rely on Fast A/R Funding to provide the best tools and service to make factoring a smooth process for you and your customers. Instead of repeatedly billing customers and tracking payments, you focus on your business while your customers remit payment directly to Fast A/R Funding. One of the best things about factoring services is that we help manage your accounts receivable and your credit risk, which saves you time and money. Once approved, we provide your funds through wire transfer to your bank, typically in less than 48 hours. Call 888.833.2286 or email us at for more information.įast A/R Funding employs industry-leading, proprietary technology that allows us to operate without the delays of paper-based applications and mailed checks. Our cash flow consultants are available 24/7 to answer your questions. Operates on net 30-, 60- or 90-day terms.Provides goods or services to creditworthy U.S.Qualifying for accounts receivable factoring services with our factoring firm is easy! You may qualify if your business: How do I know if my business qualifies for accounts receivable factoring services with Fast A/R Funding? You do not qualify for traditional small business loans.Accounts receivable factoring may benefit your business if: In nearly every industry, small businesses benefit from accounts receivable factoring services. How do I know if my business would benefit from accounts receivable factoring services? Instead, we consider the value of your outstanding invoices and the creditworthiness of your customers. Unlike small business loans, AR factoring approvals are not based on your personal or business credit history. Then we help collect on your outstanding invoices and we help manage your credit risk and accounts receivable.ĭoes my personal or business credit history matter? With capital factoring, we purchase your invoices for up to 95% of their face value, providing you with the operating capital you need in as little as 48 hours. Commercial accounts receivable factoring services are not loans. Is factoring the same as a small business loan? These terms are sometimes also used synonymously with "single invoice financing," and "accounts receivable financing." "Invoice factoring," "accounts receivable factoring," and "factoring" are interchangeable terms. What is the difference between invoice factoring, accounts receivable factoring and factoring? The factor then helps collect on the outstanding invoices, and helps manage the company's credit risk and accounts receivable. With a factoring facility, the factor purchases the small business' outstanding invoices, providing fast access to needed funds. What is accounts receivable factoring?Īccounts receivable factoring, also called "AR finance," is a method of small business financing involving three parties: the factoring company (or "factor"), a small business and the small business' customer(s).