Industries Served by Caprock Funding - Invoice Factoring
Invoice factoring, also called accounts payable factoring - we help many types of customers get cash flow from invoices which are outstanding and sent to the client by giving your business funds (cash) to pay for more materials or payroll or advertising, etc. When you do business with your clients, typically you send them your invoice and get paid, net 30 or net 60 days in the future. Payroll typically comes every 2 weeks, so if your sales team continues to land more clients, will simply make your cash flow more challenging and slow down your growth. Now imagine if you had 80% of your outstanding invoices factored with us to get your the cash you need today to meet your business commitments. Factoring is basically loaning you money for services you have rendered to your clients and as the invoice is paid by your clients, the factoring charges also stop. This gives you significant flexibility to get your business growing at your terms vs. waiting for your cash flow to improve before expanding. Call us to discuss your specific factoring needs and we can help you with your invoice factoring questions.
People ask who do you fund? We finance almost all business to business platforms. Caprock Funding directly funds factoring lines to you from $20,000 to $1,000,000. If you need a bigger line of credit we can help directly or share with you other trusted resources. Industries serviced by Caprock Funding factoring include oil field service, temporary and permanent staffing, manufacturers, machine shops, government contractors, consulting, telecommunication, distributors, start-up and numerous other companies.
Small Business Factoring Services
You are poised to sell to a new client or launch your business but don’t have the capital to charge forward. We don’t limit you on high customer concentrations and oftentimes fund brand new companies.
Small Business Customers we finance includes start-up, rapid growth and companies experiencing a temporary decline in sales. These companies all need cash flow help.