Invoice Factoring – A Flexible Funding AlternativeApr 24 2017 in Invoice Factoring
Is your business struggling due to cash flow issues? Look to invoice factoring as a way to instantly improve your cash flow.
What is invoice factoring?
Invoice factoring can immediately inject cash into your business by advancing funds against your accounts receivable. It is the perfect solution for any cash flow shortfall your business might have, as it allows you to pay your bills by releasing cash from your sale invoices instead of waiting for your clients to pay.
How invoice factoring works at BCashflow Positive
Rather than waiting up to 90 days for your clients to pay, with BCashflow Positive’s invoice factoring you can be paid within 24 hours. It is as easy as 1 2 3:
- Invoice your clients and send BCashflow Positive a copy.
- We will advance you with up to 80% of the invoice value in as quick as 24 hours.
- You will receive the remaining 20% less any accrued charges once your client pays.
Invoice factoring can cover the gap of slow payments
Sometimes, if you have done the work for a customer – which might have left you with out of pocket expenses to pay such as wages and materials – it can be quite stressful having to wait up to 3 months for payments. This is where factoring invoices can cover the gap and you can get paid in as quick as 24 hours.
Why BCashflow Positive?
We are an invoice factoring company that pride ourselves on providing fast and flexible financial solutions. Our online application takes 3 minutes to complete and we provide a fast response within 48 hours of receiving your application. We don’t require property security or quarterly audits and you can choose what invoices need funding. We are also transparent about fees, so you will know how much to pay up front. Give our online calculator a try now.
If you can’t afford to wait 90 days for your invoices to be paid, you can boost your cash flow now with help from us at BCashflow Positive. With over 27 years experience your business is in safe hands.
Click here to learn more, or call 1300 937 292 to speak to a cash flow expert today.