Wholesale Invoice Factoring for Wholesale & Distribution

A Reliable Solution For Wholesale & Distribution To Turn Outstanding Invoices Into Working Capital

Funding Within 24 Hours

Once the account setup is complete payments can be received in as 24 hours.

Easily Access Funds

Always have working capital on-hand to quickly cover business expenses.

Financing That Grows With You

As your business grows so can your facility.

DISCOVER HOW INVOICE FACTORING CAN
CHANGE YOUR WHOLESALE & DISTRIBUTION BUSINESS

Invoice factoring is a popular financing option that can be particularly beneficial for businesses in the wholesale and distribution industry. This financing option involves selling outstanding invoices to a third-party company, known as a factor, in exchange for immediate cash.

Improved cash flow

The wholesale and distribution industry often operates with tight margins, making access to working capital crucial for success. By using invoice factoring, companies can improve their cash flow and meet their financial obligations without having to wait for invoices to be paid. This can be particularly beneficial for companies with long payment terms or those that are expanding their business and require additional working capital.

Reduced administrative burden

Managing collections and following up on outstanding invoices can be a time-consuming and resource-intensive process. By using invoice factoring, companies can offload this administrative burden to the factor, who will handle all aspects of collections and invoice management. This allows companies to focus on their core business activities, such as purchasing inventory and maintaining distribution channels.

Easy qualification

Qualifying for invoice factoring is typically easier than qualifying for traditional bank loans. Lenders will typically look at the creditworthiness of the client, rather than the creditworthiness of the wholesale and distribution company. This means that even companies with less-than-perfect credit can qualify for invoice factoring.

No need for collateral

Invoice factoring does not require collateral beyond the outstanding invoices owed by clients. This can be particularly beneficial for wholesale and distribution companies that may not have a lot of assets to use as collateral.

Improved credit rating

By using invoice factoring and making regular payments, wholesale and distribution companies can improve their credit ratings over time. This can make it easier for them to access other financing options in the future.

Customizable terms

Invoice factoring offers customizable terms, allowing companies to choose the repayment schedule and terms that work best for their business. This can be particularly beneficial for wholesale and distribution companies, which often have unique cash flow needs.

Access to working capital

Invoice factoring can provide access to working capital, which can be used to fund the day-to-day operations of the business. This can include purchasing inventory, paying suppliers, and covering other expenses.

In conclusion, invoice factoring can be a powerful financing option for wholesale and distribution companies. It provides improved cash flow, reduced administrative burden, easy qualification, no need for collateral, improved credit rating, customizable terms, and access to working capital. If you are a wholesale and distribution company looking for a way to manage your cash flow and improve your financial health, invoice factoring is definitely worth considering.

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