| Benefits of Factoring | |
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Improve your cash flow by discounting your account receivables and turn them into immediate cash. |
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Utilize the credit strength of your clients to improve your own credit lines. |
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Offer better payment terms to your clients. |
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Take advantage of discounts offered by your suppliers for timely payments. |
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Obtain a stable cash flow. Know when you will be paid. |
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Sell clients larger volumes of products without jeopardizing your liquidity. |
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| Memberships | |
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Factorway is an active member of the International Factoring Association IFA. |
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| Factoring Process | |
| Improve your cash flow by discounting your account receivables and turn them into immediate cash. | |
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Your company delivers the merchandise, products or services to your client and issues an invoice. |
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Your company assigns the invoice to be paid to Factorway. |
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Your client accepts your merchandise, product or service and the assignment of the invoice to be paid to Factorway. |
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Factorway funds your company for the merchandise, products or services sold to your client. |
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| Prospective Clients | |||||||||||||
Our Creative approach to financing allows us to factor invoices from companies in many different industries. As long as your company’s customers have good credit history or a good track record of payments, Factorway can accommodate your company. Some of the companies that we currently service are in the following industries: |
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