What exactly is Factoring?
With factoring, you “sell” your
invoices to Great Plains and get quick
payment. It’s cash flow you can
count on to stay ahead.
How Our Factoring Program Works
• You send us your invoices.
• We process them and pay you, usually
within 24 hours.
•
Costs? A fixed percentage fee – No
surprises!
• Our program is based on your business,
not a corporate formula.
Factoring
Lets You Pay Your Bills Early!
With cash in the bank you'll be able
to
take advantage of "early-pay" discounts
offered by your vendors. In many
cases, these discount savings offset
our fees.
Fixed
% Fee - No Surprises!
Some factoring companies lead people on
by quoting a low fee if invoices are paid
in a short time. Then, as invoices remain
unpaid, the percentage creeps up and up
and up. That's not how we do business.
We'll quote you a fixed-percentage fee
on your invoices so you can do real cash
planning.
No
Interest Charges on Advances
When you get an advance from us (usually
the same day!!!), you won't need to worry
about having to pay accumulating interest
on those dollars. Not with us! And when
your customer pays, you'll get your full
reserve, too. No interest charges.
Same-day
Advances.
Usually, if we get your invoices and information
in our office before noon, we'll process
your advance that same day. Fast cash
to you!