Single Invoice Factoring
Single invoice factoring is an ideal solution for service companies with short-term immediate cash needs. It does not require a multi-year contract and allows you to sell invoices to Capstone only when you need working capital. This can be a one-time occurrence or as frequently as needed; there is no obligation for a specific number of invoices. Single invoice factoring provides you capital from the expected customer payments by selling those receivables to Capstone in exchange for a cash advance. While other forms of factoring require multi-year contracts, single invoice factoring is available and only needs to be used when it makes sense for your business.
For companies that need ongoing invoice factoring, Capstone also provides discount factoring services using the entirety of your accounts receivable assets as collateral. Discount factoring can be a program to purchase all of your eligible accounts receivable so you have continuous and reliable cash flow. This is ideal when you have an ongoing need to transfer invoice balances to maintain cash flow. Typically, Capstone will purchase each invoice and then provide working capital advances, holding a small portion of the invoice amount in reserve. Capstone handles the collections process, and when your client pays the full amount, the reserve is released to you, less a small commission.
Capstone Factoring Services; Easy, Immediate, Flexible
If you are a service-based business, don’t let a lack of funds stop you from growing your business. Speak to a factoring consultant at Capstone today to accelerate your cash flow; call (212) 755-3636.