Invoice factoring is a way for businesses to borrow money based on amounts due from customers. It is an option that allows businesses to monetize their accounts receivable and bridge the gap between invoicing and collection. Invoice factoring helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could if they had to wait until their customers paid them. A business will factor its receivable assets to meet its present and immediate cash needs.
Loan Star Lending Group designed Invoice Factoring Financing, a strategic business funding solution that offers, upfront cash up to 80% of the invoice amount, to improve local SMEs cash flow management.
Key Features and Benefits of Invoice Financing
» We provide fast approval within 5 working days upon completion of required documentation
» Provides a large and quick boost to cash flow
» Ability to service large and unexpected orders
» Purchase inventory early to take advantage of bulk and early payment discounts from suppliers to improve business profitability margin
» Fund expansion and growth
» Respond to seasonal demands and opportunities
Terms & conditions apply
*Upon receipt of complete documentation