What is Invoice Factoring?
Invoice factoring, or accounts receivable financing, allows business owners to finance their outstanding invoices. With invoice factoring you can get an advance of anywhere from 85%-95% of the value of your invoices, with the majority of the remaining amount coming to you later.
Invoice Factoring Highlights
Funding 85% – 95% of Invoice Value
Factor fees from 8%-30%
Fees based on time for invoice to be paid off
Why Invoice Factoring?
No need to wait for invoice payment
Invoices serve as collateral
Based on credit of the invoiced business
Invoice Factoring is Best for:
Monetizing Invoices Quickly
Cutting the Time Between Service Delivery and Payment
Trucking, Logistics and Construction
How Can We Help?
One Step Funding is committed to finding the best financing options for your business as it grows. We make the process simple and fast so getting business financing doesn’t have to be a hassle. Whatever your business needs, there’s a loan option to help.
