Invoice factoring turns your customer invoices into cash by paying out up to 90% instantly.
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What Is Invoice Factoring ?
Invoice tracking factoring is a financial service that releases a large amount (up to 90%) of the value of your unpaid invoices as soon as they are issued to customers, making for instantaneous payments.
The service includes payment collection, carried out by a highly trained credit management team who ensure the smoothest of customer relations.
Great service for small businesses, who do not have in-house finance, and for larger business-to-business companies, who have to deal with a large amount of invoices.
How Does Invoice Factoring Work?
You raise an invoice and your invoice tracking factoring company pays you as much as 80 or 90 percent of the total value. Our company also provides capex management software to help with budget planning and tracking spending.
The expert credit management team collect your payments directly from your customers. We use document controlling software to efficiently manage documentation.
Once the total payment is collected the company pays you the remainder of the money. You pay them a small fee for the service, agreed upon beforehand.
Why Use Invoice Factoring Services?
Instant access to working capital. You will never be left waiting for payments again!
Saves time, energy, and resources, so you can concentrate on managing your business.
Your customer relations are in expert care as the company will chase up payments in a professional and friendly manner.
With invoice factoring you can eliminate the risk of customer insolvency by also credit checking customers.
