Spot Factoring

How many times has this happened to you? You deliver a major order to a customer, which you have used all of your on-hand cash to complete, and until that customer pays you – you’re broke! You’re local bank won’t lend you any more money and now suppliers are starting to cut you off until you pay them, preventing you from fulfilling any more orders to other customers.

Too often, a small business like yours is primed to make a breakthrough in the market place, and in fact may have orders ready to be produced and shipped to major vendors, but doesn't have the working capital to do so. This is where spot factoring from Business Factors can help you! Spot factoring can work on an as-needed, one-time basis.

While factoring has been around for thousands of years in one form or another, spot factoring is a rather recent development in small business financing that makes a great option for speeding up short term cash flow and providing money for expansion.

Unlike traditional factoring, where the company requesting the factoring services renders all of their invoices to the factoring company, spot factoring can work on an as-needed, one-at-a-time basis. Single invoice or spot factoring from Business Factors can provide instant cash, equal to a major portion of your invoices, often within 24 hours of shipping. 

Benefits of spot factoring with Business Factors include:

• No upfront fees
• Fast funding - you get cash for your invoice in 24 hours or less.
• Easy credit qualifications - financial statements or other loan documents are never required
• No additional debt or loss of equity
• No long term contracts
• Friendly, confidential consulting

Instead of being strapped for cash for 60 to 90 days, your business is able to immediately invest the money from your spot factoring back into the company, enabling it to more quickly and efficiently fulfill other outstanding orders. Instead of growing in short bursts, a prisoner of your customer's payment policies, spot factoring allows you to maintain a more regular cash flow, and establish your business’s reputation in less time than you could have ever imagined.

Imagine the benefits of no cash flow restrictions on the growth of your business! You may be a candidate for spot factoring with Business Factors today. We are fast, offer great rates, and most importantly, are here to speak with you 24/7!

Call us today at 888-234-6663 and find out how we can help you!