Invoice Factoring and How It Works
At Porter Capital, we understand that traditional financing can sometimes be a slow and complicated process. We work with various clients who may not qualify for traditional loans or those who want a more immediate and flexible way to finance new business opportunities.
Invoice financing, also known as accounts receivable financing, is when a factoring company purchases your business invoices to provide you with fast payments. Instead of waiting months for customers to pay, Porter Capital advances up to 90% of the invoice amount in as little as 24 hours.
If you’re dealing with rapid growth, want to expand your business, bankruptcy, or are looking for more efficient ways to finance your business, invoice financing might be the perfect solution for your business needs.
Porter Capital has provided businesses with working capital solutions for nearly 30 years through custom loan solutions and credit lines of up to $15 million. Factoring your invoices with Porter Capital makes getting the business funding you need to grow quick and easy.
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