 Once your account has been set up, cash can be advanced on your invoices and wire transferred to your bank account anywhere in the country within 24-48 hours.
Your company prepares and mails your customer invoices as usual and forwards a copy to Resource Business Partner for cash advance.
Once your customer submits payment to Resource Business Partners, we will refund to you the reserved amount of the invoice, minus the factoring fee for advancing the cash.
Remember: When you factor you do not sustain any debt, and there are no monthly payments. You control your cash flow by determining how much to factor, and when.
|
