What is Factoring
Factoring is one of the quickest and simplest ways to get immediate cash for your business. You submit your accounts receivable or invoices to Illinois Factors, and we immediately advance you up to 96% of the face amount in cash. We take on the credit risk, and assume responsibility of collecting on the invoice. We can factor as many invoices as you need. Get more information on factoring today.
Factoring is one of the best and most inexpensive financial tools for easing stress caused by cash flow issues. When you factor your invoices you can receive cash for your accounts receivable in as little as 24 hours - so much faster than the days, weeks or months it takes your customers to pay. Factoring isn't a loan; there are no high interest rates, no monthly payments, and no set terms. Set up an account with Illinois Factors today.
Factoring is not only convenient, but quick too. Any growing company in need of capital can use this easy-to-use financial tool. Illinois Factors even helps companies dealing with challenging financial situations, even if they are not qualified for financing from a traditional lending institute or bank. Call us today, and we will help you find the best factoring solution for your business needs.
There are many great benefits of factoring, including (but not limited to): fast and convenient funding, simple credit qualifications, no upfront fees, and friendly and helpful account managers. Start-up companies and established growing businesses alike can benefit from factoring options to keep up with sales growth. Don't hesitate; contact us today to learn more about factoring.
