Call 888.833.2286 or contact us today for more information. Fast A/R Funding provides help with factoring to an ever-increasing variety of businesses. You’ll find some specific industry benefits in the industry lists below, but if you don’t see your industry listed, don’t worry. An example of this is when a federal government agency owes 100,000 for a completed job.
#GOVERNMENT INVOICE FACTORING FULL#
This can be at a reduced price that is close to the full invoiced solar amount. It deals with business-to-business and business-to-government sales, so invoice factoring works for a variety of industries. The process of factoring government contract receivables involves selling invoices accepted by the government to a factoring company. Your Industry Benefits From Invoice Factoringįactoring is not specific to any one industry or any one location. We provide you with the working capital you need to keep your business running ahead of the competition.
Allow a factoring company like Fast A/R Funding to purchase your invoices. Instead of waiting 30, 60 or even 90 days to be paid by your customers, with invoice factoring from Fast A/R Funding you get the funds you need in as little as 48 hours. It allows your business to get access to. Invoice factoring provides the cash flow so you focus on your customers. This is what we call the assignment of invoices, known as government / invoice factoring or accounts receivable financing. Invoice factoring for government contracts provides a cushion to protect your cash flow throughout each project. You must manage the working capital it takes to come through for your customers, and that takes time away from running your business. Factoring Gives You A Competitive EdgeĪs a small company, whether you’re in service or manufacturing or any other field, you work hard to provide the goods and services your customers need. Invoice factoring companies like Fast A/R Funding help you manage your accounts receivable and minimize credit risk, all while maintaining the cash flow you need to keep your business moving.
Late payments from customers, changes in payroll expenses, high taxes and fluctuating operating costs affect your businesses, whether in the service industry or manufacturing, in Seattle or New York or any point in between. Invoice factoring means getting same-day payment for invoices. No matter what industry you’re in and where you’re located, you have something in common with nearly every business in America: the challenge of cash flow management. Your Factoring Company: Whatever Your Industry, Wherever You Are