For wholesalers, distributors or other companies that are part of the supply chain, getting a large order that will bring your product to market is only half the battle.
Once you’ve landed the order, you’re then faced with the challenge of getting paid in a timely manner. And this may include clients that stretch out their invoice payments, which may interrupt your ability to meet financial obligations and continue the order cycle.
Invoice factoring for distribution and wholesale companies can mean accelerating the cash flow cycle that every business experiences, by taking your near current assets — your unpaid invoices — and turning them into much-needed working capital.
After approval, we will advance your business up to 85% of the value of your invoices.
We will collect payment from your customers and we’ll pay you the remainder of the balance (less applicable fees).
You’ll be able to view invoices in our real-time 24-hour online reporting system, where you’ll have full access to funding status.
Invoice factoring is a flexible solution for distribution and wholesale companies , as you are able to decide how long to use invoice factoring services. We won’t lock you into a long-term contract. If you have months where you have adequate cash flow and don’t need to factor your invoices, you are able to opt-out of the process.
