Access To Funds

When using a factoring company to finance your accounts receivable the process of actually getting your funds is very quick and easy. After you complete the work for your customer, and the factor can verify it has been accepted, a wire transfer into your bank account is the mechanism to get paid. By arriving in the form of a wire transfer you will have immediate access to the proceeds of an invoice without having to wait for a check to clear the bank. You may be utilizing the cash flow within hours of creating the invoice.