Complete a short application for start cooperation with us.
After processing data, we will add your Company to our data base, and you will get notification.
Submit all your invoices via our online portal
You may expect the money within 24 h.at your bank account.
Provide immediate cashflow so you would be able to grow your company faster, control your costs, and improve your business.
Once you are done delivering your freight, you simply upload your bills on our client portal, and once the bills are processed, you will get your funds in your bank account. We even do same day billing, just ask your Account executive!
No, we have our own team of collection specialist that are here to make sure all payments a received in a timely manner, lowering your overhead, so you can focus on more important thing.
One of the most attractive benefits of using invoice factoring is that you can secure next-day, or even same-day, funding. Instead of waiting 30, 60 or even 90 days to receive payment from your customers, you can factor those invoices and have cash in your business’ bank account in as little as 24 hours.
Thanks to advances in technology, factoring companies have been able to target the needs of specific industries, making this financial tool more accessible than ever before. Oil and gas, trucking, staffing services, construction, business services, government contractors and manufacturing and distribution are just a few of the industries that greatly benefit from factoring and frequently use these services.
Some factoring companies require their clients to submit all of their customer’s invoices for factoring because they want to be sure to assume the least amount of risk possible; this requirement will vary from company to company. However, you may not want to factor every invoice, for one reason or another. You may only wish to factor your slower paying customers, for example.
A reputable factoring company as we are, will not only provide immediate capital, but also exceptional back-office support that saves you valuable time, money and resources.
One of the biggest advantages of invoice factoring over a traditional lending option is that the funding through factoring grows with your business. The amount available is only limited by the number of eligible invoices your business has to factor. So, as your business grows and builds a strong relationship with the factor, your business’ credit line also increases. Just make sure that the factor you choose has the experience and financial capacity to match your company’s growth.
“There is such a quick turnaround time with SF, they process and fund us so quickly-the same day! I’m also able to batch all of our invoices and submit them on their platform. I love that I am able to attach additional docs, such as revised rate cons, after I have already submitted the batch.
The way our factoring services work is very simple for our clients. Your company knows the situation of immediate costs and you really feel the impact of the lack of cash flow when this situation decreases your business. At Source Funding Inc. you will be able to sell your invoices in exchange for a percent advance on the total amount within the same day.
