WORKING CAPITAL ADVANCE / INVOICE FACTORING
If you need working capital when your business has unpaid customer invoices for which you can’t wait be paid, a working capital advance or an invoice factoring structure may be an option to consider. You can use these invoices to get cash now. These structures are best for businesses with unpaid invoices that need fast funding which is easier to get approved for compared to other options.
Fast funding and straight forward process
Cost may be high
Good fit for:
Businesses with receivables that need cash right away
Invoices with 30, 60, or 90 day payment terms