Invoice Factoring Services for IT Companies

Invoice Factoring for IT Companies

Is your IT company facing cash flow challenges? Are outstanding invoices slowing down your progress? We understand the unique financial demands of the technology sector. That’s why we offer specialized Invoice Factoring solutions tailored to the needs of IT businesses.

American Receivable is the Invoice Factoring company businesses in the IT sector trust the most

For over 40 years, IT companies have trusted American Receivable for cash flow solutions.

what is invoice factoring?

Invoice factoring is a dynamic financial solution that empowers IT companies to optimize their cash flow and maintain steady operations. It is a mutually beneficial arrangement between a company and a specialized financial partner, often referred to as a factoring company.

Submit Invoices: Hand over your outstanding customer invoices to the factoring company.
Verification Process: The factoring company assesses the invoices for authenticity and creditworthiness.
Advance Payment: Receive an immediate cash advance, typically up to 90% of the invoice value.
American Receivable Takes Charge: We manage the collection process from your customers.
Final Settlement: Once the invoice is paid in full, you receive the remaining balance, minus a small factoring fee.

Why Choose Invoice factoring?

1. Boost Cash Flow: Immediate access to funds enables you to cover operational costs, invest in growth, and seize opportunities without delay.

2. Focus on Core Competencies: Let the factoring company handle collections, allowing you to concentrate on what you do best – running and growing your business.

3. Flexible Funding Solution: Invoice factoring adapts to your business’s needs, making it an ideal option for companies of all sizes and industries.

4. No Debt Incurred: Factoring is not a loan. You’re leveraging your own accounts receivable, avoiding additional debt.

5. Enhance Customer Relationships: With a dedicated partner handling collections, your customer relationships remain positive and professional.

Who benefits from invoice factoring

Small to Medium Enterprises (SMEs): Bolster working capital for day-to-day operations, expansion, or meeting unforeseen expenses.
Startups and Rapid-Growth Companies: Facilitate growth without being hindered by cash flow limitations.
Companies in Seasonal Industries: Manage cash fluctuations during off-peak seasons and scale up during busy periods.
Businesses with Irregular Payment Terms: Smooth out cash flow challenges arising from extended payment schedules.

IT companies factor with american receivable

why factor with american receivable?

For nine years in a row, American Receivable is named the Best Factoring for SMBs by Business.com

Named best invoice factoring company for SMBs by Business.com
No long-term commitment
No minimums or maximums
Rates starting as low as .8%, with up to 95% advances
Fast cash in as little as 24 hours
We operate independently and are not bank affiliated

our partners love us

Excellent company. They worked with us through all our challenges and help us keep on task with all of the many things going on. The financing is simple and extremely quick to fund. They are a pleasure to work with.

Thank you for making this process smooth and non-stressful. Your team is professional, your rates are reasonable, your execution is timely and you are easy to do business with. I have worked with banks, financiers, factorers, etc. for the past 30 years as either an executive or consultant and American Receivable is the most efficient company I have ever worked with. The only draw back is you have to listen to some of Jack’s Dad jokes occasionally. Mike Cunningham, CEO Pronto Solutions, Inc.

Have been looking for invoice financing for a very long time. Needless to say, most companies in this sector are anything but trustworthy. That is, until I stumbled across American Receivable. Brad Gurney was my first contact point at the company and after a very easy processing, I was up and running with them. They are fast, there is no hidden fees and they communicate with you regularly. Highly recommended!!

American Receivable has played and continues to play a vital role in supporting our company's growth. We entered our industry as a motivated start-up and with ARC's support, have established ourselves as a value partner to our client base and are looking forward to exceptional growth in the very near term.

I cannot express in words how wonderful working with American Receivable has been - especially with the pandemic. I have a Nurse Staffing company, and they have made sure I had the funds for payroll, and that my business is running smoothly. I highly recommend them to everyone!