Why choose factoring?
Factoring turns your invoices into immediate capital. You sell your invoices and you receive the funds immediately.
Have you ever found yourself in a tight spot, waiting for customers to pay their invoices while your bills pile up? If so, you’re in good company. Many businesses face this issue. As a small business owner, you know that cash flow is essential to keep your business running smoothly. However, sometimes customers don’t pay their invoices on time, which can cause a cash flow problem. This is where invoice factoring comes in. Invoice factoring is a financing solution that allows you to get paid quickly for your outstanding invoices.
This can be particularly helpful because instead of having to wait as long as 90 to 120 days for customers to pay your business, Platform Funding can help you access this money in a matter of days!
With invoice factoring you have immediate, ongoing cash flow and there is no collateral required. Not only will your business have a much better chance of approval for invoice factoring than a traditional business loan, but factoring your invoices will give you the added flexibility of borrowing an amount that is decided by your current invoices.
The process of applying for invoice factoring is unbelievably simple when compared to the traditional bank loan process. If you’re looking for a low-risk, high-reward way to get working capital for your business, talk to us about factoring options.
Let Platform Funding get you approvals between $5,000 – $3 million, and remember the amount factored is contingent on your invoices so you won’t be surprised by a sudden change in economic climate, or any external factors, allowing you to use the working capital at the rate you think is best.
No matter your industry, we have the experience and knowledge to help you get the working capital you need. Contact us today to learn more about our factoring options and how we can help you grow your business.
Small business invoice factoring is a smart choice for many companies. Here are some of the key advantages it can bring:
Invoice factoring can solve one of the biggest problems faced by small businesses – the cash flow gap between providing a service and getting paid for it. With invoice factoring, you get immediate cash, which can help cover operational costs, meet payroll, or invest in growth opportunities.
Invoice factoring is primarily based on your clients’ creditworthiness, not yours. This is particularly beneficial for small businesses or startups with a limited credit history.
Platform Funding is your go-to company for a wide range of leasing solutions designed to meet the diverse needs of businesses across various industries. Our flexible and cost-effective options enable you to acquire the essential equipment required for growth and success, from furniture and software to vehicles and specialized machinery.
Choose Platform Funding for your specialized equipment leasing needs and experience the difference our tailored options we can provide for your business. With our expertise and commitment to your success, you’ll have access to the tools and resources necessary to thrive in your market and stay ahead of the competition. Below are some leasing solutions we can help you with:
Invoice factoring ensures that construction companies get paid promptly for their work, allowing them to meet their financial obligations on time.
With improved cash flow, construction businesses can take on more projects without worrying about the financial strain.
The trucking industry often has to deal with late payments. Trucking invoice factoring can help businesses avoid such issues, ensuring smooth operations.
Trucking companies can use the immediate cash to cover fuel costs, repair expenses, and pay drivers.
Trucking companies can choose which invoices to factor, giving them control over their cash flow and business finances.
Choosing the right invoice factoring company is crucial. Here are a few points to consider:
Ensure that the company has clear, upfront pricing without any hidden fees.
Choose a company that has experience in your industry. They’ll understand your challenges better.
Look for a company that offers excellent customer service, as you’ll likely interact with them regularly.
At Platform Funding, we understand that every business is unique and deserves a personalized approach to invoice factoring. We strive to offer the best financial solutions that align with your business goals.
We offer funding options/opportunities between $5K to $3M, based on different factors and criteria. No matter how much or little you need, we’ll find the best financing plan for you.
With our experience in a range of industries, we can provide expert guidance tailored to your specific business needs.
We are dedicated to providing excellent service. From our first interaction and throughout our relationship, we’ll be there to support your business growth.
Invoice factoring is an empowering financial solution that helps businesses maintain steady cash flow, manage finances effectively, and invest in growth opportunities. No matter your industry—whether it’s construction, trucking, or any other—invoice factoring could be the key to unlocking your business potential.
So why wait? Let’s take the next step towards financial stability together! We’re excited to be your invoice factoring company, paving the way for a more financially stable and prosperous future for your business. We understand the unique challenges you face, and we’re here to provide the financial solutions tailored to your needs.
Our commitment to excellent service and our deep industry knowledge sets us apart. We look forward to being a key part of your growth journey, helping you turn your outstanding invoices into immediate cash to fund your operations, meet your financial commitments, and seize new business opportunities. With Platform Funding as your trusted partner, rest assured that your financial needs are in capable hands. Let’s embark on this journey towards enhanced cash flow and financial freedom together!
Contact us to learn more about our services and how we can support your business. We’re ready when you are!
We can help your business get up to $3 Million in Financing. Some of the industries we serve include: