Fast and Simple Invoice Factoring and Accounts Receivable Financing
Flip Unpaid Invoices into Money from a Prime-rated Factoring Firm
- As much as 95% Advance on Unpaid Invoices
- Rates Beginning as Low as 0.55%
Again and again, small to medium-sized enterprise homeowners come to me with the identical problem-cash movement. Typically, they're a thriving enterprise with no scarcity of revenues, however their cash is tied up in accounts receivable. They haven’t provided time period reductions to their clients for paying invoices shortly; they lack the sources to gather on excellent invoices; or they simply acquired a purchase order order for merchandise they don’t have the funds to provide.
Previously, when confronted with these issues, corporations would flip to banks for a mortgage or line of credit score. However not too long ago, banks have tightened their lending necessities and are holding on to their cash. Companies that might have been in a position to get extra financing from their common sources are discovering that their line of credit score has been capped or the financial institution is not thinking about actual property collateral.
These are all conditions that we, right here at Common Funding, will help with. Not solely do we offer free recommendation for companies, however we provide workable options. It's my best pleasure to work with an organization and watch them develop to a stage wherein they not want our providers. That is how I do know we’ve carried out our job.
We’ve been serving to companies flip round their operations, enhance effectivity, increase manufacturing, and develop in nice strides for a few years. Allow us to see what we are able to do on your firm.
About Common Funding
Common Funding is a personal funding supply that has funded 1000's of companies and greater than $2 billion since 1998. We consider your online business deserves a private analysis that can assist you get the capital it is advisable to handle your online business.
We all know with each new companion comes a historical past, buyer relationships, and workers to assist. Our group of devoted professionals takes the time to find out about your online business to get a transparent understanding of the challenges you face and the expansion alternatives that may take you to the subsequent stage.
Step 1 – Inquiry Call
Step one begins with an preliminary cellphone name. You'll be able to both name us or full a fee kind and you may be linked with a factoring specialist. We’ll spend a couple of minutes studying about your organization and shortly decide if we’re the precise financing match on your particular firm wants.
Step 2 – Application & Rate Proposal
One among our factoring specialists will e-mail you our one-page software. You'll be able to full the applying solely out of your desktop. And, you don't have to hyperlink to your accounting software program or present checking account entry. As soon as we obtain your accomplished software, the factoring specialist will e-mail you a proposal with the bottom factoring fee we are able to provide.
Step 3 – Submit Invoices
As soon as you might be authorized, you submit invoices to your devoted Account Consultant who will likely be your principal level of contact for each transaction and can know the small print of your account. Invoices could be submitted through e-mail, fax, mail, FedEx, and so on. Select the format best for you and we’ll deal with the remainder.
Step 4 – Get Funded
Funds get deposited on to your account in a matter of hours. You'll be able to observe the complete transaction by logging into your account on-line 24/7.