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Invoice factoring frees up your money locked up in accounts receivables or unpaid invoices. With accounts receivable factoring you can turn unpaid invoices into immediate cash to pay bills, improve cash flow, expand your business, pay off debt and take advantage of new business opportunities.
Invoice factoring provides you with debt-free cash if you have invoices for delivered services or products to commercial businesses or federal, state and local government. Factoring account receivables provides you a way to get cash now for already earned income on performed a service or delivered products. Accounts receivable factoring is a cash flow solution that does not require borrowing or giving up ownership in your business.
An invoice factoring company makes cash available to you from 65% to 90% of the face value of your unpaid invoices. The balance, less a service fee, is paid to you by CapitalPlus.com when your customer pays the invoice. In the meantime, you have a large portion of your money to use as you see fit. CapitalPlus.com now waits to be paid instead of you.
Invoice factoring is a respected financing tool that has been around for decades and is used by small and large businesses. Invoice factoring is beneficial to growing companies, enabling them to continue to grow and expand. It is a ready source for cash for businesses too new to have, or growing too fast for, adequate traditional financing, such as bank financing.
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