Factoring

Factoring, sometimes called "accounts receivable financing," means selling the interest in your accounts receivables. You simply sell your invoices (representing money due from customers) to a factoring agent at a small discount – which means you don't have to wait 30 to 45 days for the invoices to be paid. Once you have generated an approved invoice, you can get your money in 24 hours. You can speed up your cash flow, pay off current obligations and grow your business faster, even if you have a tax lien or a bankruptcy. Factoring can help you stay current with vendors and meet other financial obligations such as payroll and taxes.

Other types of financing generally require you to stay in business for two years and to show a profit. Thus, many new and growing companies have trouble getting traditional bank loans. Factoring provides over 100 billion dollars each year to multi-billion dollar corporations. Now factoring can help you, too.

Click here to fill out our easy pre-approved application and start getting your cash immediately!
 

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The process for turning your accounts receivable into cash is easy. Use our online application form to start the approval process immediately.

For more information about factoring, contact us today to see how WCF can help your business increase its profits.

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