Let's consider a software company who has just delivered $100,000 of software to a major computer manufacturer.
Instead of waiting the typical payment period of 60-90 days or more, the software company might factor the invoice with us and receive between $70,000 - $85,000 (read on) within 24 hours!
That company could then use the cash to fund a marketing campaign for a new software release, or simply pay off some outstanding debt.
As soon as the computer manufacturer remits payment, and the payment is cleared by us, the software company will receive the remaining value of the invoice minus the factor's fee.
It does not get much simpler (of faster) than that. So of you need your cash now, let us know what industry your company is in and the invoicing volume if possible.
Larry @ Lgpotter33@gmail.com