Accounts Receivable Factoring in CA
Invoice factoring, sometimes referred to as a factoring loan, is an asset based loan that is secured by accounts receivable. For instance, in an invoice factoring arrangement, the factoring company will give you money upfront against each invoice. The money is repaid when your customer pays the invoice. As a result, your cash position improves and provides your business more consistent cash flow. The more cash your business has, the faster it can grow.
Small business invoice factoring companies have factoring agreements in place with their clients. This is a buy sell agreement versus a loan. This means that they purchase your company’s invoices for a period up to 120 days. Invoice factoring services are a useful tool for companies that have customer concentrations, recent loses, startup ventures or even established companies. This creative form of financing is a perfect tool for companies looking to unlock more cash from their accounts receivable. This said, not all factoring companies are the same. Contact us to explore the best factoring companies.
Huntington Coast Capital is partnered with invoice factoring companies in California and throughout the United States. Our industry experience delivers the best options for you to choose from. Our unbiased consultation provides you with the opportunity to compare services being offered by a range of factoring companies. The result is that our clients find the best factoring companies for their business.
Since inception in 2010, we have been serving Huntington Beach and arranging invoice factoring services for our clients in California and across the United States. Contact us to find out who the best invoice factoring companies are and how invoice factoring can assist in the growth of your business! 714-719-8966.