Eliminate the Roller Coaster Ride of Small Business Through Invoice Finance
This just in: factoring isn’t just for math class anymore. That’s not the type of factoring we’re talking about anyway — we’re actually referring more towards invoice finance, and the role it plays in your business right here, right now.
Yes, it’s true — you can actually get a lot done with the small business you have, instead of dreaming about the business you’ll have someday. In order to move into the future, you have to do something to get rid of the roller coaster ride your business might be experiencing. The market is never sure and always uncertain — you might have a great month followed by a definite and sharp crash — who wants to put up with that?
That’s where invoice finance comes in, because you don’t have to deal with those crushing crashes any longer. Think back to all of the times where business wasn’t so good — it was usually because you had a stack of invoices with slow paying clients, right? That’s usually what happens, and guess what? It’s not your fault. You’ve done the work, you deserve to get paid and keep the lights on. Instead of rushing around trying to figure out when you’re going to get money, you will need to actually step forward and take advantage of the power of invoice finance.
How does it work? Well, you will turn over your invoices to a reputable lender that will give you a lump sum value up front. They’ll save a little reserve just in case there are any refunds, but the main point here is that you will have the cash infusion that you need to keep the doors open, without having to worry about how you’re going to get paid from all of those clients. It’s usually up to the lending company to get the invoices paid, which is something they have experience in. Receivables are receivables, and that means that you’re well on your way to getting the money you need.
Getting started is pretty straightforward as well. There are plenty of great companies that offer invoice discounting, which is the overall practice of purchasing your invoices (receivables) and giving you the cash infusion you need to get things done and avoid those crashes that tend to delay your business goals in the first place. Given that power, why not eliminate the roller coaster ride of small business through invoice finance? Get started today!