As a small business owner, you know how important cash flow is for the success of your business. If you’re struggling to get paid by your clients, you might be considering invoice factoring. Invoice factoring is a financing option that allows you to sell your outstanding invoices to a third-party company, known as a factoring company, for a percentage of their value. The factoring company then collects the payments directly from your clients.
When it comes to choosing the best invoice factoring company, there are many factors to consider, including fees, customer service, and the speed of funding. In this blog, we’ll discuss why American Receivable is the best invoice factoring company on the market.
Experience
American Receivable has been in business for over 44 years! Making it one of the most experienced invoice factoring companies in the industry. With this experience comes a deep understanding of the needs of small businesses and the challenges they face when it comes to cash flow.
Customer Service
One of the things that sets American Receivable apart is its commitment to exceptional customer service. Their team of experienced professionals is available to answer your questions and help you through the factoring process. They also work closely with you to understand your business and its unique needs, so they can provide tailored solutions that work for you.
Fees
American Receivable offers competitive rates for their factoring services. They charge a small percentage of the value of the invoice, typically between 1% and 3%. They also offer volume discounts, so the more invoices you factor, the lower the rate you’ll pay.
Speed of Funding
Another advantage of working with American Receivable is their fast funding process. Our Streamlined Application can be completed online and prospects can be funded in two days. They always fund invoices within 24 hours of submission, so you don’t have to wait weeks or even months to get paid. This can be especially helpful for small businesses that need cash flow to cover expenses like payroll or inventory.
Flexibility
American Receivable offers flexible factoring solutions to meet the needs of a variety of businesses. They offer recourse and non-recourse factoring options, and they can work with businesses of all sizes and industries. American Receivable does not charge a minimum fee, so you stay in control of how much you factor.
In conclusion, if you’re looking for the best invoice factoring company, look no further than American Receivable. With their decades of experience, commitment to customer service, competitive rates, fast funding, and flexibility, they’re the clear choice for small businesses in need of financing solutions.
Jack Stieber jack@americanreceivable.com 972-404-4726
Brad Gurney brad@americanreceivable.com 800-297-6652
Dakota Stieber dakota@americanreceivable.com 512-339-5112
