When factoring invoices we often hear things like “someone suggested we look into factoring our receivables but we don’t want our customers to know about it.” Or, “can you do hidden factoring?†The simple answer is, no and never.
During the course of a day we receive calls from many businesses looking for funding. Some we have to turn down for one reason or another. Having a business that qualifies for commercial financing is a positive step in the right direction when it comes to growing your business. It shows your business has developed far enough up the corporate ladder to be approved by an outside source of capital, which is a strong statement in a company’s lifespan.
Invoice factoring is a completely transparent arrangement in the same way regular business with your customers is all above board. Treat it as a normal course of business and your customers will respect your ability to use financing to expand your company.