Invoice Discounting in 2012The economic climate has continued to cause bank lending to become restricted, which has impacted small businesses access to adequate funding options. Since banks have become more reluctant to release capital, particularly to newer businesses or those requiring smaller loans, these companies have begun to seek funding through other alternatives. One such alternative financial strategy for small business funding is invoice discounting, a form of finance specifically beneficial for small businesses.
Invoice Discounting Process
When a company manufactures products or provides services, upon delivery, they provide the customer with an invoice. The invoice is considered evidence for the transaction. The customer usually pays the invoice for goods and services within a period of time - from 30, 45 or 60 days.
Firms that provide invoice discounting services essentially buy the invoice due at a small discount, in exchange for advancing cash to the company that originally provided the goods and services. The invoice discounting firm is then paid directly by the invoiced customer of the company that provided the goods or services.
Effective Funding Solutions
The reason that invoice discounting is effective is that the banking system has failed to maintain its status as the "go to" funding supplier for businesses in North America. There are fewer banks than ever available as a lending resource for small businesses. With less opportunities for companies to find capital, it has become necessary to seek other options which can fuel the economy.
Fast A/R Funding
Fast A/R Funding was started by a group of professional invoice discounting specialists who use the latest paperless technology to provide secure, dependable factoring services. Fast A/R Funding’s proprietary technology is designed to approve and fund transactions as fast as possible. Our highly trained factoring staff is available on a 24/7 basis to customers.
Fast A/R Funding understands the challenges that today's small businesses confront and has developed its funding business model to address those unique requirements. Our executive management team, with decades of experience from many of the top factoring firms in the country, has financed over $10 billion in service and product manufacturing invoices.
Contact Fast A/R Funding today at (888) 833-2286 to find out how our seasoned invoice factoring professionals can help create the most efficient invoice discounting solution for your small business or company.
Invoice Discounting Process
When a company manufactures products or provides services, upon delivery, they provide the customer with an invoice. The invoice is considered evidence for the transaction. The customer usually pays the invoice for goods and services within a period of time - from 30, 45 or 60 days.
Firms that provide invoice discounting services essentially buy the invoice due at a small discount, in exchange for advancing cash to the company that originally provided the goods and services. The invoice discounting firm is then paid directly by the invoiced customer of the company that provided the goods or services.
Effective Funding Solutions
The reason that invoice discounting is effective is that the banking system has failed to maintain its status as the "go to" funding supplier for businesses in North America. There are fewer banks than ever available as a lending resource for small businesses. With less opportunities for companies to find capital, it has become necessary to seek other options which can fuel the economy.
Fast A/R Funding
Fast A/R Funding was started by a group of professional invoice discounting specialists who use the latest paperless technology to provide secure, dependable factoring services. Fast A/R Funding’s proprietary technology is designed to approve and fund transactions as fast as possible. Our highly trained factoring staff is available on a 24/7 basis to customers.
Fast A/R Funding understands the challenges that today's small businesses confront and has developed its funding business model to address those unique requirements. Our executive management team, with decades of experience from many of the top factoring firms in the country, has financed over $10 billion in service and product manufacturing invoices.
Contact Fast A/R Funding today at (888) 833-2286 to find out how our seasoned invoice factoring professionals can help create the most efficient invoice discounting solution for your small business or company.
