There is an alternative funding strategy for the survival of small businesses called account receivable factoring invoices. It is easy to set up once the factoring The Interface Financial Group (IFG) has done the due diligence. The invoice you choose to factor will be paid by IFG in as little as 24 to 48 hours.
When a company begins factoring invoices, they can factor one or more invoices at a time. With no long-term commitments or even minimums, maximums, a long application process, invoice factoring offers an excellent source of cash flow, especially for start up businesses.
Invoice factoring refers to the use of accounts receivable as a source of credit so that cash can be obtained to pay bills, make payroll or even pay overhead. Factoring makes it easy to get cash without a banks lengthy lending process. Besides, sometimes an emerging new company tries to qualify for a bank loan only to learn that they have not been in business long enough to establish good credit. The good news is that factoring funds are not as difficult to obtain.
The Interface Financial Group (IFG) is one of the top accounts receivable factoring companies in the world. Factoring companies need to examine to make sure products or services were actually delivered. The funds available via a factoring company such as IFG are usually based on the amounts due for the invoices you generate for products or services you have already provided, and those that you have invoiced for. Accounts receivables can vary Each month.
For more information on accounts receivable factoring, visit www.ifgnetwork.com,