Tuesday, April 26, 2016

Invoice buyers can keep you in the green.

Have you ever had a slow paying client? Has it ever come to whether or not you can make your own companies rent or payroll? We have all been there. Fortunately there is an option, Invoice Financing or selling your invoices for cash today!  


Business Finance companies like NorthWest Finance have experience helping businesses with their cash flow needs in many different types of industries. Often businesses suffer from delays of 15-30 and up to 70 days in getting their invoices paid. This can often put an unnecessary strain on a business it's owners and employees.


Invoice purchasing is a simple process and it can be used 1 time or as an ongoing facility providing liquidity to invoices that may sit unpaid for months.

Imagine being able to eliminate the stress associated with collecting on those invoices you are staring at daily. And the best part is you can keep the responsibility of collecting the invoices so your position remains intact or you can pass off that responsibility to our team and we will manage the responsibility for you.

How invoice financing works. Invoice financing is probably what you think of when you think of invoice-based loans. The general concept is as follows: A lender will advance you about 85% of your invoices upfront, and then you’ll receive the other 15%—minus lenders  fees (typically 1.5-3 % —once that invoice gets collected. This accounts receivable financing process will free up valuable time and allow you to what you do best, service your customers and generate new business

Invoice financing can be implemented in many different industries.

Security Guard Staffing
Temporary Employment
Trucking
Import Export
HVAC
Commercial Cleaning
Distributors
and many many more...

Invoice Financing has an easier Application process.
One of the benefits of invoice financing is that the loan approval rate is relatively high. Because the financing company is only interested in your customers’ ability to pay their debts, the organization might not run a credit check on your small business.

Ideal Candidates for Invoice Financing.
Generally, invoice financing works best for B2B clients that deal with corporations and companies with 15-90 day payment cycles, not individuals.

To summarize, invoice financing can be a tool a business can use to avoid cash flow issues.
There is a very high approval rate and the funds can come to a business pretty fast once they are approved. Companies like NorthWest Finance work with many types of businesses Nationwide everyday.

If you are interested in increasing your cash flow by selling some invoices for cash today contact NorthWest Finance today!

NorthWest Finance
St Paul Minneapolis and across the USA
612-615-8196
www.businessinvoicefinancing.com

Invoice Financing, Invoice Buyers, Purchase Order Financing, Business Equipment Leasing, Merchant Cash Advances

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