$100k to $10 Million 75% advance against AR Funding in as quick as a week No Personal Guaranty No Audits or Covenants Great for bank declines New, Rapidly Growing or Struggling Businesses can qualify! Contact me to learn more: Chris Lehnes Factoring Specialist 203-664-1535 Request a Proposal clehnes@chrislehnes.com |
Factoring is a great way for distributors to get quick funding by turning their unpaid invoices into immediate cash. Instead of waiting 30, 60, or even 90 days for customers to pay, a factoring company buys your invoices at a discount and provides you with most of the cash upfront—often within 24 hours.
How Factoring Works for Distributors:
- Sell Your Invoices – Submit outstanding invoices to a factoring company.
- Get Immediate Cash – Receive an advance (usually 70-90% of the invoice value).
- Customer Pays the Factor – The factoring company collects payment from your customer.
- Receive the Remainder – Once the customer pays, you get the remaining balance minus the factoring fee.
Benefits:
- Improves Cash Flow – No more waiting on slow-paying customers.
- Funds Growth – Use the money for inventory, payroll, or expansion.
- No Debt Incurred – Unlike loans, factoring doesn’t add to liabilities.
- Flexible & Scalable – Funding grows as your sales increase.
Would you like help finding a factoring solution tailored to your business needs? Contact Factoring Specialist, Chris Lehnes