Buy Invoices
Buy Invoices: What Are The Options?
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If you have a cash flow problem you might consider finding a company which is prepared to buy invoices in order to fund that capital which your business obviously needs right now. Quite often, and through no particular fault, businesses find themselves in a negative cash flow situation because they dont have enough cash to meet their various payments, to pay employees, or make the capital investment necessary to take the company forward. In these cases companies who buy invoices (also called factoring or invoice discounting) may be able to help.
What happens is that the factor will buy invoices from you at a discount, after which they take on the complete responsibility for collecting the payment as it becomes due. So you get immediate cash, or working capital, and the company buying invoices stands to make a simple profit as well.
The amount of the discount is not large by any means, though different factors charge different rates when they buy invoices from you.
If you'd like to know more about having a factor buy invoices from you then make an appointment for a free no-obligation chat. All details are held in the strictest confidence.
We are compliant with current CAN-SPAM and similar legislation. We will not pass your name or any other details to third parties.
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