Accounts Receivable Financing For Internet Consulting Businesses
In today’s marketplace, internet consulting is big business, even when it’s done by small companies. Intense competition and cash flow problems due to late customer payments and fluctuating overhead make small business financing for internet consulting firms a necessity.
Unfortunately, small business financing, for internet consulting and other small businesses, has become increasingly hard to obtain. Traditional small business loans require lengthy approval processes, create debt, and are dependent on your personal credit. If your small business provides internet consulting, accounts receivable factoring is a better option.
What Is Accounts Receivable Factoring, And How Does It Work?
Accounts receivable factoring services, also called “invoice factoring services” are a particularly beneficial means of small business financing for the service industry. As a startup or small business offering internet consulting, factoring can help you in several ways. Here’s how it works:
- You apply for invoice factoring in minutes, using our paperless, online system.
- Using industry-leading technology, our management experts carefully review your application. Unlike bank loans, our approvals for internet consulting financing are based on your customers’ creditworthiness and the value of your invoices, not your personal assets or business history. Better yet, approvals typically take just 24 hours.
- Once approved for invoice factoring, your internet consulting company sells Fast A/R Funding its outstanding invoices. We pay up to 95% of their face value, providing you fast access to the funding you need, often in as little as 48 hours!
- Fast A/R Funding helps collect your outstanding invoices, manage your accounts receivable, and reduce your credit risk, saving you time and money!
Why Choose Fast A/R Funding For Invoice Factoring?
Fast A/R Funding provides invoice financing for internet consulting firms throughout the country. Managed by industry experts who have financed over $10 billion in invoices and operated using proprietary, industry-leading technology, Fast A/R Funding provides accounts receivable factoring for internet consulting companies in the most efficient, cost-effective manner possible.