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WORKING CAPITAL
FOR GROWING BUSINESS
Every small and growing business knows the challenge of finding sufficient working capital to finance their immediate expansion needs. IFG's invoice spot factoring service or invoice discounting service is the solution.
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Factoring Solution
Factoring solutions from The Interface Financial Group provide short-term working capital just when small business needs it most so they can take advantage of increased business opportunities. Our innovative single invoice factoring (also known as spot factoring or invoice discounting) solutions offer immediate short-term working capital to growing businesses.
It’s all too common that many small businesses have to wait up to 90 days to get paid for delivered products or services. So, while their trade debtors portfolio may be great, their cash on-hand balances might not be adequate to sustain their business growth. If you find your business in this bind and do not have the time to seek financing through banks for venture capital firms, spot factoring could be just what you need.
Spot factoring is an extremely fast way to turn your receivables into cash. In an ordinary scenario you might have to wait 30, 60, or sometimes even 90 days for invoices to be paid; IFG looks at your customers' credit (not yours) and can pay you the majority of what's owed to you within as little as 24 hours.
IFG understands that time is money to your business!
Please click here for further information.
Benefits of Spot Factoring Include:
- Fast access to cash – first time applicants can receive cash in 24-48 hours; previously approved clients can receive cash in less than 6 hours.
- Flexible – no minimums or maximums;
no long-term contracts or obligations;
no need to finance your entire receivables portfolio...use us when you need us. - Fee free – no upfront application fees, no due diligence fees, no credit line fees (spot factoring is not a loan).
Testimonials:
Steven Howard
Director of Industrial
Support Services
