Factoring
Ever found your business in a pinch because your customers and partners missed crucial payments? Believe it or not, it is a common problem that all businesses endure – no matter how big or small. If you are currently facing this tough situation, Yendora Capital’s Invoice Factoring service can help improve your cash flow to sustain your business’ growth.
Our Factoring program is as straightforward as it can get. We will make arrangements to purchase your receivables in exchange for cash upfront (up to 90% of the total amount of your receivables) and we will do the heavy work of collecting the payables directly from the debtors. Once the full amount is paid for, our Factoring team will deduct applicable and reasonable fees and release the difference to your account.
One advantage of Invoice Factoring is that applicants need not be affected by tightening credit availability. No matter what your personal credit score, you are still eligible to apply for Invoice Factoring if your business needs it. Yendora Capital made the application procedure easy and hassle-free. Once you get approved for Factoring, you can expect a deposit in your account within 24 to 72 hours.
No matter how big or small your receivables are, we are more than willing to discuss Factoring with you to help you get access to the much needed cash for extra liquidity. In tough economic environments, every dollar counts. When it gets more difficult to get your money, Factoring may be necessary and this is where Yendora Capital comes in.
Contact us today to get started.