Business is competitive today! If you’re acting as the finance entity for your customers, by caring their slow paying invoices for 45 to 150 days, your business may eventually be in trouble. Your business needs predictable cash flow to pay bills and stay competitive.
Technology is moving along much faster than in the past. Your vendors, partners and customers expect your business to keep up, get ahead otherwise you’ll be left behind!
Waiting 45-150 days to get paid for services you’ve already finished is bad for business. So what can you do?
You can Factor your invoices by Downloading Factor App to get;
- Immediate cash for your accounts receivable invoices
- Factors compete to buy your open invoices
- You get the best rate and terms, which means more money in your pocket, fast!
Why should I factor?
Factoring is not a loan – by using Factor.bid you are utilizing your business assets “accounts receivable invoices” to get paid fast.
Under capitalized businesses miss out on new opportunities with existing customers and the chance to secure brand new customers. Have you ever wondered how some of your competitors continue to grow larger -year after year?
Factoring your accounts receivable invoices puts cash in your pocket you need to finance your business expansion, cover day-to-day expenditures and pay your employees. Factoring your receivable invoices will help put cash in the bank so you can hire new employees, bid on future contracts, buy new equipment and stay competitive in your industry!
Don’t let your competitors put you out of business because they’re able to grow at a faster pace and take over more of your industry; stay competitive and discover how businesses have been growing for years by factoring their asset based accounts receivable invoices.
We match you with the top Factors in your industry. Get the leverage you need to negotiate the best deal when factoring, get Factor App!
Industry Invoice Types
- Trucking & Freight
- Oil & Gas
- International Factoring
- Service Providers
- Security Guards
- Medical Transcription Services
- Government Contracts
- Automotive Supply
- Machine Shops
- Cable Sales/ Installers
- Wine and Spirits