Invoice factoring in Kentucky - (866) 730 1922
Canít afford to wait up to 60 days to get paid by your clients? We can help you. Invoice factoring allows you to turn your invoices into cash and provides the funding you need to cover expenses and grow your business. We offer invoice factoring services in Kentucky and can provide you with the business financing that your company needs.
Factoring rates as low as 1.5%. Advances as high as 85%
Get an online factoring quote!
Questions? (866) 7301922. Toll free in Kentucky.
Select a product:
Financing for companies in the service, wholesale, oilfield services, janitorial, and manufacturing sectors that are located in Kentucky.
Funding for trucking carriers and freight brokerages.
This product provides the necessary funds to pay your suppliers and deliver on your orders.
Financing for small and medium sized trade companies that sell goods and services to customers outside the US and Canada.
Financing for subcontractors in the construction industry.
Funding for businesses that supply services and products to Kentucky state agencies and to the federal government.
Funding for companies that provide guards for commercial, industrial and government sites.
Funding for staffing employment in the business and medical fields.
Factoring for new businesses, small office/home office (SOHO), consultants, independent professionals or any business with less than $250,000 in revenues.
Specialized program for healthcare practitioners and medical providers that bill private insurance companies, Medicare and Medicaid.
What is invoice factoring?
Factoring financing is a tool that allows companies to sell their invoices to a factoring company in exchange for immediate payment. This provides you with immediate funds to pay employees, suppliers and rent. Invoice factoring enables growing businesses to leverage their strongest asset - their invoices form strong credit worthy clients.
The plan is simple to use and integrates well into most businesses:
- You deliver your product or service
- You create an invoice and sent it to the factoring company and to your client
- You get an immediate advance of 70% to 90% of your invoice
- The factoring company gets paid by your client 30 to 90 days later
- You get a second installment (the remaining 10% to 30%), less a small fee.
Accounts receivable factoring has a number of advantages over other business financing products, such as business loans. It is easy to qualify for and can be setup in days. More importantly, it has no set limits. Your receivable factoring line is based solely on the size and quality of your invoices.
If your company is growing and you canít afford to wait up to 60 days to get paid by your clients, then receivables factoring is the right solution for you.
Need more information?
Are you researching factoring? These articles may help:
- Factoring resource Center
- PO Financing Resource Center
- Freight Bill Factoring Resource Center
Questions? Call (866) 730 1922. Toll free in Kentucky. We offer plans in the USA and factoring in Canada.