Factoring Financing - Nevada
Is your company offering payment terms and cannot afford to wait up to 8 weeks to get paid by its customers? Most large customers will often demand that you offer them payment terms - the option to pay an invoice in up to 8 weeks - as a condition of doing business with your company. Few small companies can afford to offer terms, but they don't have a choice. If they refuse to offer terms they risk losing their best customers. One solution is to use business financing to enhance your existing financial resources, enabling you to offer terms with confidence. And the best solution for this type of scenario is to use invoice factoring.
Factoring rates as low as 1.5%. Advances as high as 85%
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Questions? (866) 7301922. Toll free in Nevada.
Financing for businesses in the service, wholesale, oilfield services, janitorial, and manufacturing sectors that are located in Nevada.
Financing product for trucking companies, transportation intermediaries and freight brokerages.
Financing for product resellers and importers.
Funding 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 Nevada state agencies and to the federal government.
Funding for companies that provide guards for commercial, industrial and government sites.
Funding solution for staffing and employment services 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.
Factoring is a a form of financing that allows companies to capitalize their invoices by financing them through a factoring company. This provides immediate liquidity that can be used to pay employees, suppliers and other key expenses. Invoice factoring financing enables growing companies to capitalize their best asset quickly - their receivables form credit worthy companies.
The funding plan can be implemented quickly and works as follows:
- You deliver your product or service to your client
- You generate an invoice and sent it to the factoring company and to your client
- You get an immediate funding 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 funding fee
Factoring your invoices can be easier and more convenient than using other business financing products. Most factoring lines have simple qualification requirements and can be put into place in a few days. Also, factoring companies are used to working with clients that have cash flow problems and can provide flexible lines that adapt to your revenues. The line can easily grow to accommodate sales growth. This makes factoring invoices an ideal solution for growing companies that have working capital problems due to slow paying clients.
Want more information?
Are you looking to learn more about our products? Here are some additional resources:
- What is invoice factoring?
- Choosing a factoring company
- Invoice factoring explained
- Financing your big sales with purchase order financing
- Learn how freight factoring can help your business grow
- Increase your chances of getting factoring
- Business financing for government contractors
- What can a factoring company do for you?
Questions? Call (866) 730 1922. Toll free in Nevada.