Invoice Factoring in Oklahoma
The success of your Oklahoma business is proportional to your cash flow. If you find that your invoices are going unpaid for too long from your clients, it’s important to consider how you will move forward. An Oklahoma factoring company can be ideal.
At Factor Finders, we provide a process that will allow you to generate new cash flow by selling your accounts receivable invoices. The initial processing takes less than one week and future funding can take less than one day.
What Makes Factor Finders Unique?
We are unique because we will help you find the right Oklahoma factoring company to suit your needs. There are hundreds if not thousands of factoring companies to choose from – and each one has something different to offer. Instead of searching through these companies on your own, we are prepared to assist you – and even provide you with an instant quote. We want to help you find funding for your business just as much as you do!
What are the Benefits of Working With Oklahoma Factoring Companies?
Invoice factoring has a number of benefits – and we will introduce you to them. Some of the benefits include:
- No repayment required from you
- Minimal application paperwork
- Debt is not added to your balance sheet
- Funding is received quickly
You always have the opportunity to get cash flow assistance from a bank, though this may not be what you are looking for or you simply don’t have the credit required to be approved for a business loan. In general, banks have little leverage to meet the additional borrowing needs of companies. The process of collateralizing invoices requires credit analyses, technology updates, and maintenance that require extra energy and costs.
If you have a large outstanding accounts receivable balance, invoice factoring is the ideal situation for you. You don’t need to incur more debt; you simply need to be creative in terms of how you will obtain your cash flow.
Unlike traditional lenders, we do not base funding capabilities on your financials or even your debt-to-income ratio. We simply match you with the Oklahoma factoring company that is ideal for you.