Factoring and PO Financing in Quebec Announced
(For immediate release) Miami, Florida – Invoice Factoring Group announced the expansion of its factoring and po financing programs and started offering them in Quebec. These new programs will provide alternative business financing to companies located in Quebec and in all other provinces of Canada.
“Offering invoice factoring and po financing in Quebec came as a natural extension of our services,” said Marco Terry, president of Invoice Factoring Group. “In terms of factoring, Canada represents a great market opportunity”, he later added.
Invoice factoring (also known as invoice discounting) is ideal for business owners who cannot afford to wait up to 90 days to get paid by clients. It enables companies to get paid in as little as 2 days from the time of invoicing.
Purchase order financing is ideal for resellers and wholesalers who are growing quickly. The po funding program handles all supplier payments (usually by letter of credit), enabling clients to close large transactions with little if any out of pocket expenses.
A leading factoring company, Invoice Factoring Group is one of the few companies that provide both po financing and accounts receivable factoring in Quebec as a single source provider.
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