Startup companies and small businesses work hard to attract customers to build their businesses. But many find that once they land a great account with a big company, they lack the necessary capital to get the job done. If your company provides business software services, accounts receivable factoring may be right for you.
The Benefits Of Accounts Receivable Factoring For Business Software Services
For companies that offer business software services, accounts receivable factoring services (also called “invoice factoring services”) provide an ideal form of small business financing. The reason is simple: For companies in business software services, financing and cash flow are greatly impacted by late customer payments, fluctuating overhead and payroll increases, all of which can derail your efforts to get ahead. With invoice factoring, business software service companies like yours can get fast access to necessary funding.
Invoice Factoring And Business Software Services: How It Works
Fast A/R Funding offers accounts receivable financing. Business software service companies sell us their invoices, and we provide funding in as little as 48 hours! It’s easy:
- You apply online using our fast, paperless application process.
- We quickly and carefully review your application for invoice financing.
- We provide your business services company an invoice financing approval, usually in just 24 hours!
- We help collect on your outstanding invoices, and help manage your credit risk and accounts receivable.
Invoice Factoring For Business Software Services Companies vs. Small Business Loans
Small business loans create debt, are largely dependent on your personal credit and assets, and require weeks of waiting for an approval. For business software services factoring is simply the better choice. Based on your customers’ creditworthiness and the value of your invoices, Fast A/R Funding provides fast approvals for accounts receivable factoring to business software services companies every day.
Business Software Services + Factoring With Fast A/R Funding = Success!
For companies in business software services, factoring just makes sense. Fast A/R Funding is the industry leader in accounts receivable factoring services. Put our proprietary technology, expert management and highly trained customer support to work for your business software services company today!