Accounts Receivable Factoring in Stillwater, Oklahoma For Sale
Accounts receivable factoring is a funding option available to small business owners that do not yet qualify for traditional bank lending programs. Factoring is a discount against the face amount of your invoices. Some companies have a percentage rate that increases with the time it takes to collect your invoices, others have a flat discount with an interest charged on the money borrowed. Factoring is actually not a loan, but rather a purchase agreement whereby the funding source purchases your invoices at a discount. As such, the typical qualifications of a loan program are not present and funding is much more flexible and available when you need it.
This service can help finance you up to $5million.
If you have a question please send me a question with as much details as you can about your situation.