The Advantages of Invoice Factoring (and How You Can GainThem)
Invoice factoring is an excellent funding source for businesses in a wide variety of situations. It can help improve cash flow, prevent increases in debt, and simplify the customer financing process. At Lucida Funding Corp, we want to help you improve your business in a variety of ways—here’s how our factoring program can help you.
Each of our factoring programs is carefully customized to fit the client in question. Every customer of ours will have different needs, which means that we provide individualized service for them. This ensures both great customer service and tailor-made financing plans.
Our invoice factoring services have a number of benefits, ranging from low costs to rapid response. A few advantages include:
- No-cost quotes and approvals
- No fees for setup
- Low factoring fees
- Flexible funding terms
- Lines ranging from $50 thousand to $20 million
- Advances on the same day they’re requested
A wide variety of different industries benefit from our programs, including but not limited to technology, staffing, oil and gas, utilities, freight and logistics, construction, telecommunications, renewable energy, government contracting, retail, manufacturing, distribution and wholesale, and even printing. We’re able to help businesses specializing in everything from professional services to trucking to medicine—and our team has the expertise necessary to handle nearly any economic sector.
Your Starting Point
If you’re interested in getting financed through factoring, then getting started is easy. The first step is to get a quote, with a free analysis of your needs and funding potential. In some cases, we can offer written approval within minutes, making this a great option if you need cash fast.
The next step is the setup process, which involves submitting invoices and other documentation. We’ll also discuss the agreement with you and schedule your first funding. Expedited service is available for those who need it.
Finally, we’ll provide the funding via a wire transfer or direct deposit. Invoice factoring is a great choice for a variety of situations—so contact one of our representatives today to get started.