Invoice Factoring allows a client to offer specific invoices of its choice to Graystone for funding. Factoring is well suited for those situations when a company only needs to finance or Factor a few of its invoices.
The Factoring option may be ideal when there is a large concentration of Accounts Receivable owed by a single customer. In this case the client can obtain funding by Factoring some or all of the invoices due from their customer, up to the credit limit for that particular customer. What’s nice is that since the credit decisions are largely based upon the strength of the client’s customer, also known as the Account Debtor, more dollars may be available than other forms of credit. Therefore, the better ilk of customer base the client services the more funding that may be available to them. Factoring can be a great way to fund a new or emerging company.
Benefits of Factoring
Obtain more money than traditional debt sources
Increase sales through credit extension
Maintain your own invoicing and billing functions
No audit requirements
Funding of partial or total invoice amounts
Phone: 408-275-8006 | Toll Free: 888-370-7779 | firstname.lastname@example.org
900 E. Hamilton Avenue | Suite 100 | Campbell, CA 95008