Why you need invoice factoringPosted by Chen Klinge on June 9th, 2021 As a small business owner, you will know very well how frustrating, even stressful it can be to wait for payments to come through after you have invoiced. It’s essential for you to offer good payment terms to your clients, but sometimes you can’t afford to wait for that 30, 60 or 90-day period to expire. invoice factoring rates This is where invoice factoring can help you. With invoice factoring, you can get instant cash on your payable invoices. All you have to do is send your invoices to the factoring company, who will then pay you immediately and then follow up with your clients for payment. You can eliminate the stress of awaiting payment from your clients, ease your cash flow, and hand your accounts receivable duties over to th factoring company. With cash freed up from the collection process, you can invest in equipment and cover your regular business expenses. If you would like to enjoy the benefits of invoice factoring, contact Charter Capital.Like it? Share it! |