Invoice Factoring for Small Businesses
As a small business owner you know firsthand that consistent cash flow is a critical. If you sell goods or services to other businesses or government agencies you can turn those invoices into immediate working capital, today.
Accounts receivable factoring allows small businesses like yours to free up working capital that’s tied up in invoices when you’re waiting to receive payments. By factoring your invoices with DB Squared you get quicker access to your cash flow. This can provide the working capital needed to take on new and larger clients and continue to build your business.
Factoring your small business invoices provides:
- Expedited cash flow
- Quick access to working capital
- The ability to serve larger customers
How accounts receivable factoring can expedite cash flow
Factoring allows your small business to expedite its cash flow by turning your invoices into immediate cash. Rather than waiting for 30 - 60 days for your invoices to be paid, you get cash for your invoices immediately. Factoring also enables you to offer credit terms to your clients.
Quick access to working capital can increase client base and capability
Accounts receivable factoring is designed to free up the working capital that’s typically tied up in your invoices. DB Squared is able to fund brand new clients in as little as four business days. Once you're a client with DB Squared we can typically fund invoices the same day they are submitted. Quicker access to your working capital can allow you to attract and serve new clients, reinvest in your business, take advantage of supplier discounts, and grow your business. As your portfolio of clients grows you may be providing goods and services to larger clients. When your larger clients require you to bill them instead of paying upon delivery, you can gain access to your cash more quickly by factoring with DB Squared.
Invoice Factoring
A detailed overview and definition of Invoice Factoring including working examples of product scenarios.
Accounts Receivable Factoring
A detailed explanation of the factoring product DB Squared can offer your business.
The Factoring Process
A step by step accounting of the factoring process when working with DB Squared including how to get started and what to expect.
Invoice Factoring: Medium to Large Companies
An explanation of how factoring benefits large companies.