By: 513320 Alberta 04/08/2011 Keywords: Financial Services, Accounts Receivable, Short Term Credit Institutions
What is Invoice Discounting? It's similar to factoring - but much simpler. You decide what your current cash need is. We then purchase some of your unpaid accounts receivable invoices to that level. You stay in control of the debtor communication with your customers. You use the service as it’s needed. There are no term contracts to sign. The cost is a small percentage of the invoice value. There are no start-up fees or charges for this funding.
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