What is Factoring
Factoring is one of the quickest and simplest ways to get immediate cash for your business. You submit your accounts receivable or invoices to Iowa Factors, and we immediately advance you up to 96% of the face amount in cash. We take on the credit risk, and assume responsibility of collecting on the invoice. We can factor as many invoices as you need. Get more information on factoring today.
Iowa Factors's factoring services are great inexpensive financial tools for businesses dealing with stress caused by cash flow issues. When you factor your invoices or accounts receivable with Iowa Factors, you can obtain cash in as little as one business day - not the 30, 60 or 90 days it takes your customers to pay. With factoring there are no set terms, no high interest rates and no monthly payments. What could be better?
Factoring is not only convenient, but quick too. Any growing company in need of capital can use this easy-to-use financial tool. Iowa Factors even helps companies dealing with challenging financial situations, even if they are not qualified for financing from a traditional lending institute or bank. Call us today, and we will help you find the best factoring solution for your business needs.
There are many great benefits of factoring, including (but not limited to): fast and convenient funding, simple credit qualifications, no upfront fees, and friendly and helpful account managers. Start-up companies and established growing businesses alike can benefit from factoring options to keep up with sales growth. Don't hesitate; contact us today to learn more about factoring.
