STEPS INVOLVED IN THE FACTORING PROCESS
Highly Knowledgeable Financial Experts
Invoice factoring is a simple type of transaction in which you can sell your invoices (or accounts receivable) to a third-party company and receive a cash advance in exchange. Factoring goes by a number of different names, such as accounts receivable financing. At Summit Business Financing, we service companies nationwide.
The general steps of factoring include:
This system allows you to receive the funds you need to pay your expenses or invest without using a traditional bank loan. To request more information, call us at (201) 963-9185 today!