Invoice Factoring Made Easy for Your Business
Are you a small business in need of invoice factoring in Summit, NJ? For small businesses that depend on the payment of invoices for revenue, maintaining a consistent cash flow can be a challenge. It can take 30, 60, or 90 days for invoices to be paid and even longer when dealing with government agencies or large corporations who typically require extended terms. Invoice factoring can be extremely beneficial for a small business owner trying to keep all of their operating expenses current while waiting on invoices to be paid.
So how does invoice factoring work? Basically, once you’ve invoiced your customer, you can sell that invoice to Capflow Funding Group to receive payment without the long wait. Your customer will then pay us when the invoice is due. Capflow Funding Group will work with you to find the best funding solution to provide your business with immediate working capital. We service many different industries with a variety of different funding needs. Contact us today to learn more about your options for invoice factoring in Summit, NJ.