Receivable finance helps grow your small business and meet your cash flow needs. If you have the financial inability to get a bank loan or are considered non-bankable, invoice factoring gives you the working capital you immediately need. Many times, traditional bank financing is not possible for small businesses or the approval process takes an excruciatingly long duration.
The factoring process allows for the advance of up to 90% of the accounts receivable amount the day the work is completed, or the service is performed. Factoring business invoices is a simple process; you get immediate cash when you need it most to run your business efficiently. This type of financing provides you with quick, flexible cash when you need it.
Who can afford to wait 45, 60 or 90 days to get paid by your large commercial or government customers? Factoring companies like ShurrFinancial looks at your customer’s ability to pay, not your personal credit. Receivables factoring provides you the working capital your company needs.