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Communication Tower Services

Communication Tower Services Factoring
For Assistance Call (800) 241-2274

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When clients pay up open invoices after 30, 45 or more days, maintaining a steady cash flow is really hard. Invoice factoring can work for your cell tower maintenance and construction business for a number of reasons:

Chance to grow and meet your obligations before payment is done 

Obviously, without growth your cell tower maintenance and construction business won’t thrive. As telecom companies grow rapidly and cash flow becomes a challenge, investing in your business for growth purposes can be hard if your customers pay late. 

Rapid access to funds to meet pending expenses 

In the telecom industry waiting for customers to pay up is normal with lots of the invoices closed after 30 days and above. Relying on cash flow to meet normal obligations to pay employees, hire specialized technicians, purchase high-tech equipment among other things can be really hard. By having your cell tower open invoices factored you’ll have the cash flow you require in a few hours or within 24 hours. 

Banks are a No-No For Towers

Cell tower construction firms are not always ready to work with banks for funding. Banks:

  • Leave a debt on the balance sheet
  • Won’t give funding due to bad credit or zero credit history
  • Can refuse to offer more capital 

Factoring is a great option for any telecommunication company due to the flexibility of the financial option and a very short process of application.  Funding is also immediate. 

We also concentrate on your customers’ credit and not your bad or zero credit. Factoring actually allows your bottom line to keep growing at the same rate as your business; the more the jobs or contracts won the more the cash provided in advance. 

Factor your open invoices today and receive the working capital you need for your cell tower construction company. 1-800-241-2274

Janitorial Services

Invoice Factoring for Commercial and Janitorial Cleaning Services
For Assistance Call (800) 241-2274

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Managers in commercial building within the private and public sector depend a lot on providers of janitorial service to clean their facilities and keep them as functional as possible. Nonetheless, these clients can take over a month to fund outstanding invoices. This leaves a cash flow problem in the janitorial company affecting its operations. Such a problem can be distressing but there’s a way out.

Janitorial service invoice factoring can help you secure the needed working capital to keep your company afloat and clients satisfied.

How it works with Janitorial Cleaning Services

Janitorial factoring service for receivables is a transnational series that simply work by converting a company’s unpaid invoices into the funds needed to run the business. After factoring approval has gone through, simply submit all types of invoices and access the working capital you need. it's just that simple!

Most janitorial factoring transactions work in the following way:

  • A janitorial service is provided to a customer. You send an invoice to them for the service provided and provide the factoring company with a copy.
  • Verification is done by the factoring company to confirm the work was completed including the accuracy of the invoice. In 24 hours you’re funded with 70 percent of the amount indicated on the invoice.
  • Carry on with the work and offer services to the same client or others as required, invoice them send the factoring company the invoices.
  • As you continue offering your service the factor works with the customers to close all open invoices. After the payment of the invoice, the factor will remove the amount they offered you plus a little factoring fee and send you the rest.

Of course the amount that comes out of the factoring process can be used to cover diverse areas. You have the liberty to hire extra staff perhaps to serve fresh clients and more areas, purchase supplies and equipment required to offer more specialized services or simply work better.

Janitorial factoring is all about the sales you make. All the investments you put in the business will pay up as the cash flow continues to grow.

What are you waiting for.... Call us today!

Landscaping Services

Invoice Factoring for Landscaping Companies
For Assistance Call (800) 241-2274

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Can you name your biggest challenge regarding your landscaping company? Clients and their payments of credits. While other large companies like hotel chains and housing can have terms and conditions that require customers to pay invoices every thirty to sixty days. As a landscaping company, you most likely do not have the option of terms and conditions that strict. If you do, you could be losing clientele to your competition.

Slow Payment Cause Major Issues

Without money, your landscaping company will fall into debt. You need it to pay your own bills like bills from the plant nursery, paying your workers, maintaining vehicles and equipment. If you have built up your business and haven’t had any major crisis that you needed to bail your company out of. If you have just started your business, you may be in serious trouble if you have a payment delay.

Invoice factoring helps your cash flow

One way to handle this problem is by factoring your invoices. This solution provides you with financing by using your slow-paying invoices from creditworthy customers as collateral. As opposed to bank financing, which often requires substantial assets, invoice factoring only requires that you work with  creditworthy clients. This aspect of invoice factoring makes it an ideal option for small and growing landscape companies with solid customers.

Effectiveness is Key

Factoring will help you operate your business successfully. You will be able to meet all of your business needs including paying suppliers and employees as well as gain a few clients along the way because you can now offer reasonable payment terms just like a large business.

Why not give us a call today? (800) 241-2274

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