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Invoice Factoring

Factoring could be the way out you've been looking for!

What Is Invoice Factoring and How Does It Work?

A monetary transaction and a kind of debtor finance in which a firm sells its accounts receivable (invoices) to a factoring company at a discount are invoice factoring.

Invoice factoring must not be viewed as a loan but rather as a way to keep the cash flow flowing. A company can factor its receivable assets to satisfy its current and prospective financial demands. It’s also possible that their receivables will be included to reduce credit risk.​ Accounts receivable factoring, invoice factoring, and perhaps erroneously accounts receivable financing are all terms used to describe factoring.

Invoice factoring is a way for small and large enterprises to raise their funds by selling invoices at a discounted price to Alternative Lending Solutions. In its simplest form, invoice factoring is designed for businesses that invoice their customers and receive payments on terms. Using invoice factoring with the power of Alternative Lending Solutions generally funds against your customer invoices, enabling you to receive most of the invoice cash value immediately rather than waiting weeks or months to get paid. Everything you need to know about invoice factoring is right here or you can call Alternative lending Solutions at (203)-CASH-NOW.

Invoice factoring is a subcategory of invoice finance. While invoice finance is a kind of asset-based lending where you use those invoices as collateral to get a cash advance and you will remain responsible for collecting payments on the invoices. Invoice factoring is not really a loan. In fact, you sell your invoices accounts receivable to a factoring company in exchange for a lump sum of cash. It is a factoring company- the lender (that’s us Alternative Lending Solutions) which then owns the invoices and gets paid when it collects from your customer, usually between 30 to 90 days.

Invoice Factoring is Optimal for?

  • Businesses that have extended accounts receivable periods thrive with invoice factoring.

  • Businesses need to close the gap between sending invoices and getting paid benefit using invoice factoring.

  • Businesses that have invoices which have more value with extended credit terms and are not more than 90 days past due can leverage the power of invoice factoring.

Who Can Benefit from Invoice Factoring?

  • At Alternative Lending Solutions, we are here to make sure that your business can benefit from invoice factoring. Choosing the right alternative service, at the right time!

  • Pharmacies and the health sector

  • Construction companies

  • Manufacturers

  • Law sector

  • Business services

  • AND MORE !!

Is Invoice Factoring the Right Choice for your Business?

  • Invoice factoring is ideal if your company has a significant amount of outstanding invoices due to which your cash flow is suffering.For small business owners, invoice factoring can turn unpaid clients invoices into fast cash. This financing solution is suitable for business owners that have other businesses as customers. Because these consumers don’t always pay right away for goods or services, invoice factoring can help business owners keep paying employees and other expenses.

  • Furthermore, this alternative finance service is the right choice for your business, if you are looking to bridge your company’s short-term expenses. If you have to repay a loan or take advantage of seasonal business opportunities.

  • Alternative Lending Solutions can guide you in choosing the right service for your business. Call (203)-CASH-NOW to start factoring your invoices

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(203)-CASH-BOX ™

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(203) - 227- 4269

Serving All 50 States & Canada: 

AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

Copyright © 2021 | Alternative Lending Solutions TM | All rights reserved


ALTERNATIVE LENDING SOLUTIONS TM Advertisement Disclosure :

Advertised Terms and Information:

 

  • The information and disclosures above relate to advertised terms made by or through Alternative Lending Solutions.

  • Interest rates and terms are from a lender or lenders with whom Alternative Lending Solutions may match you and that offer the particular product. The disclosures are current as of the date indicated.

  • Alternative Lending Solutions is not a lender in any transaction and does not make loans, loan commitments or lock-rates. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and will vary based upon your loan request, your particular financial situation, and criteria determined by the lenders to whom you are matched. Not all consumers will qualify for the advertised rates and terms.

  • You may not be matched with the lender making a particular conditional loan offer, and Alternative Lending Solutions does not guarantee that any lender will make you a conditional loan offer. Alternative Lending Solutions arranges for multiple conditional loan offers through its network of nonaffiliated lenders.

  • FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.

  • Alternative Lending Solutions may request a credit report obtained by means of a soft credit inquiry. This report is only furnished with the consent of the consumer and is used to determine financial product pre-qualifcation. Alternative Lending Solutions may share this furnished consumer credit report with its direct lenders only for means of pre-qualification.

  • Alternative Lending Solutions is an affiliate marketing firm and the company, its associated agents, and staff make a commission off of any financial product or service purchased from its associated lender(s).

  • Telephone Consumer Protection Act (TCPA) has undergone changes as of October 16, 2013. Marketers are required to obtain your consent to receive phone calls by automatic dialers and/or to receive pre-recorded messages. While Alternative Lending Solutions does not utilize such mechanisms at this time to contact leads, some of our Lenders/Partners may utilize such technology to communicate with you regarding your inquiry. Alternative Lending Solutions does utilize automatic dialer and/or pre-rerecorded messages to communicate with its affiliates, lenders, and agents.

  • By providing a phone number, you are giving express consent to receive return phone calls from Alternative Lending Solutions, its Network Lenders, and/or partners who may contact you at the number(s) you provide. In addition, you are agreeing to receive calls and messages from automated dialing systems and/or by pre-recorded message, and text message(s) (where applicable) at the number(s) you provided. Normal cell phone charges may apply if you provide a cellular number. You may also elect to receive return calls by manually dialed process, email, or other preferred method of contact.

  • Using the Alternative Lending Solutions’s Prequalification Offers Product does not guarantee consumers will get an advance, loan, line of credit, rollover, SBA 7(a)/504(b), or any other financial product presently offered by Alternative Lending Solutions and/or its Lenders. Rather, a prequalification is a lender’s estimate of how much you could be eligible to borrow based on information you supply directly to the lender. Alternative Lending Solutions offers this service for free and you may obtain multiple prequalification letters from lenders so you can shop for the right financial program for you.

  • The pre-qualification you receive is based upon preliminary unverified information, which although deemed to be reliable, is not guaranteed to be correct. A final decision cannot be made until a complete application and supporting documentation is received and verified by the lender. Your prequalification letter does not guarantee approval, nor is it an offer or commitment, it is merely a snapshot of what may be possible. Product and services may not be available in all states.

  • While there are numerous factors that can impact an individual’s credit score, your personal score page provides you with six factors that may be impacting your overall credit score. It is these factors that create your VantageScore®:

  • Payment history – Have you consistently paid your accounts in a timely manner?

  • Utilization – How much of your total credit available are you currently using?

  • Balances – What is the total of your current and delinquent account balances?

  • Depth of credit – How long is your credit history and is there a varied mix of credit types?

  • Recent credit – How many recently opened credit accounts and credit inquiries do you have?

  • Available credit – What is the total amount of credit that you currently have access to?

  • VantageScore® is based primarily on a 24-month review of your credit report. Your credit report has information – such as your history of payment punctuality, the total amount of your available credit, the total amount and type of debt you have, the number of open and active accounts, and the longevity of your relationships with creditors all of which impact your overall score. Your score may vary by bureau and that provided by FICO®.

ALTERNATIVE LENDING SOLUTIONS TM Advertisement Disclosure :

Advertised Terms and Information:

  • The information and disclosures above relate to advertised terms made by or through Alternative Lending Solutions.

  • Interest rates and terms are from a lender or lenders with whom Alternative Lending Solutions may match you and that offer the particular product. The disclosures are current as of the date indicated.

  • Alternative Lending Solutions is not a lender in any transaction and does not make loans, loan commitments or lock-rates. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and will vary based upon your loan request, your particular financial situation, and criteria determined by the lenders to whom you are matched. Not all consumers will qualify for the advertised rates and terms.

  • You may not be matched with the lender making a particular conditional loan offer, and Alternative Lending Solutions does not guarantee that any lender will make you a conditional loan offer. Alternative Lending Solutions arranges for multiple conditional loan offers through its network of nonaffiliated lenders.

  • FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.

  • Alternative Lending Solutions may request a credit report obtained by means of a soft credit inquiry. This report is only furnished with the consent of the consumer and is used to determine financial product pre-qualifcation. Alternative Lending Solutions may share this furnished consumer credit report with its direct lenders only for means of pre-qualification.

  • Alternative Lending Solutions is an affiliate marketing firm and the company, its associated agents, and staff make a commission off of any financial product or service purchased from its associated lender(s).

  • Telephone Consumer Protection Act (TCPA) has undergone changes as of October 16, 2013. Marketers are required to obtain your consent to receive phone calls by automatic dialers and/or to receive pre-recorded messages. While Alternative Lending Solutions does not utilize such mechanisms at this time to contact leads, some of our Lenders/Partners may utilize such technology to communicate with you regarding your inquiry. Alternative Lending Solutions does utilize automatic dialer and/or pre-rerecorded messages to communicate with its affiliates, lenders, and agents.

  • By providing a phone number, you are giving express consent to receive return phone calls from Alternative Lending Solutions, its Network Lenders, and/or partners who may contact you at the number(s) you provide. In addition, you are agreeing to receive calls and messages from automated dialing systems and/or by pre-recorded message, and text message(s) (where applicable) at the number(s) you provided. Normal cell phone charges may apply if you provide a cellular number. You may also elect to receive return calls by manually dialed process, email, or other preferred method of contact.

  • Using the Alternative Lending Solutions’s Prequalification Offers Product does not guarantee consumers will get an advance, loan, line of credit, rollover, SBA 7(a)/504(b), or any other financial product presently offered by Alternative Lending Solutions and/or its Lenders. Rather, a prequalification is a lender’s estimate of how much you could be eligible to borrow based on information you supply directly to the lender. Alternative Lending Solutions offers this service for free and you may obtain multiple prequalification letters from lenders so you can shop for the right financial program for you.

  • The pre-qualification you receive is based upon preliminary unverified information, which although deemed to be reliable, is not guaranteed to be correct. A final decision cannot be made until a complete application and supporting documentation is received and verified by the lender. Your prequalification letter does not guarantee approval, nor is it an offer or commitment, it is merely a snapshot of what may be possible. Product and services may not be available in all states.

  • While there are numerous factors that can impact an individual’s credit score, your personal score page provides you with six factors that may be impacting your overall credit score. It is these factors that create your VantageScore®:

  • Payment history – Have you consistently paid your accounts in a timely manner?

  • Utilization – How much of your total credit available are you currently using?

  • Balances – What is the total of your current and delinquent account balances?

  • Depth of credit – How long is your credit history and is there a varied mix of credit types?

  • Recent credit – How many recently opened credit accounts and credit inquiries do you have?

  • Available credit – What is the total amount of credit that you currently have access to?

  • VantageScore® is based primarily on a 24-month review of your credit report. Your credit report has information – such as your history of payment punctuality, the total amount of your available credit, the total amount and type of debt you have, the number of open and active accounts, and the longevity of your relationships with creditors all of which impact your overall score. Your score may vary by bureau and that provided by FICO®.