Invoice factoring is the purchase of accounts receivable for immediate cash. Invoice factoring gives businesses the power to ensure growth without diluting equity or incurring debt. After invoices are submitted and verified, they are funded by Flash Funding the same day.
How it Works:
Once you’re a Flash Funding Client, it’s easy to factor your receivables for immediate cash. It works like this:
1. We establish a credit limit on the customers you submit for invoice factoring
Tell us their business name, address, and amount you need
We pull credit and establish a limit without delay
On smaller requests, get instant credit online with
2. You deliver your product or service as usual
3. You send or deliver your invoices directly to Flash Funding
Use our simple form to summarize and calculate the amount
Attach the proof of delivery you usually send to your customer
4. We verify that product was received or service performed
5. You receive your cash from Flash Funding.
We wire funds into your bank account same day.
We retain our agreed fee for service
6. We forward your invoices to your customers and they pay us directly.
It’s really that simple. And you can monitor the status of all your transactions online 24/7, on a real-time basis, through our Cadence Clientweb system, at no extra charge.
How Flash Funding Invoice Factoring Can Benefit YOUR Company:
The benefits of factoring invoices with Flash Funding really boil down to adding profit to your bottom line. Before you factor, make sure you can take advantage of the features of invoice factoring and leverage them into value:
TAKE ON ADDITIONAL BUSINESS
Most of our invoice factoring clients can do more business if they have better cash flow. How this works depends on your industry and your market. Some real examples are:
improving or increasing marketing
saying “yes” to customers who demand credit terms
investing in income-producing assets--people and equipment
eliminating supplier constraints
shifting manpower from collection to marketing and production
Many of our invoice factoring clients actually reduce expenses by outsourcing credit and administration to Flash Funding, and by leveraging their healthy cash position. The most common ways include:
reducing collection and administrative expenses
receiving cash discounts from suppliers
IMPROVE YOUR FINANCIAL CONDITION
Factoring invoices for cash enables some businesses to “get current” or reduce strains caused by tight cash flow. It also improves their own credit rating. Here are some examples we frequently see:
staying current with suppliers and creditors
establishing payment terms with suppliers, further improving cash flow
meeting regular payroll obligations
bringing payroll taxes current
How can your company benefit by factoring invoices with Flash Funding?
Every company has a unique situation. Before signing up to factor, it’s important to estimate how our invoice factoring services can increase your business, reduce your expenses, and improve your financial situation. Call a Flash Funding representative or request information, and we can help you answer these important questions.
I have over 18 years of experience in providing cashflow management solutions to business owners in all industries.
What does your company do to focus on its purpose?
Flash Funding is a full-service,invoice factoring company. Since 2009, we've helped companies with their cash flow needs. We provide accounts receivable factoring to small and mid size businesses in most industries in Texas, Houston, San Antonio, Midland, Odessa, Austin, Louisiana, New Orleans, Baton Rouge,New Mexico, Oklahoma and all other cities throughout the USA. Call me at 832-744-1521 or 713-694-5920 ext. 1654 for more information.
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Good morning Josie, I would like to thank you for the recent referral. I spoke with Perla in your office and she placed an order with us. She was so sweet... I look forward to a lasting relationship with Riviera Finance. See you at the next event.