We only require that you sell us one invoice every 30 days over our agreement period.Īlliance One LLC is not a collection agency, we do not call your clients demanding payments, we are simply your financial partner. Most factoring companies require you to sell them 75% of your book of business. You are not required to sell us all of your invoices and you do not have to factor all of your customers. You pick and choose the invoices you want to sell from the customers of your choice. All businesses need working capital, invoice factoring is a fast and affordable way to finance your company. Once we are paid we send you back your reserve money less the factoring fee. We hold back a small percent and put this in your reserve account, where it stays until we are paid. You send us a copy of the invoice, we verify the validity of said invoice and advance you the lion share of the face amount within 24 hours. When you sell your aging invoices to factoring company, you no longer have to wait 30, 60 or 90 days for your customers to pay you. Your company provides a product or service and after you have rendered your services or delivered your products, you invoice your customers and wait to get paid. Invoice factoring is when a company chooses to sell its accounts receivable to a factoring company at a discounted rate for immediate cash. What is invoice factoring and is it right for my business? We have over 50 Years of experience in the Financing Businesses in 48 States. Contact us today to get started.Will Invoice Factoring will give you cash-flow to run your business?Īlliance One is an Invoice Factoring Company located in New York. In addition, Business Factors & Finance facilitates bridge and term loans, import and export financing, purchase order and supply chain financing, as well as equipment purchasing and leasing. We specialize in the following industries: To get started, contact us today or request a quote. Fast, 24- to 48-hour turnaround, even on the most challenging commercial credits.We use sophisticated software that tracks payment trends and alerts credit executives in real time in the case of a billing delinquency. Complimentary credit checks on your clients.To learn what documents are needed to get started, contact us or visit our Frequently Asked Questions page. Simple credit qualifications and no upfront fees.With non-recourse factoring, if your client does not pay the invoice, Business Factors absorbs the loss. Non-recourse factoring of up to 96% of the invoice amount.The benefits of working with Business Factors include: Contact one of our executives today to learn more or start a chat to answer any questions you might have. This can take the form of a loan or a factoring transaction. To qualify, the company needs to be in business for at least six months and have at least $1 million of revenue. This type of lending is based on a company’s assets, such as accounts receivable and inventory. Business Factors offers the following types of factoring and financing: To see how factoring works, please visit our Small Business Factoring or Payroll Factoring pages. Factoring is the sale of outstanding invoices (accounts receivable) at a discount to a factoring company. The office provides the following services: Our New York and New Jersey clients are served by our Mercerville, NJ office. NYC/North NJ Office Location: 50 Harrison St.
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