Fordham Services

Invoice Factoring

Invoice factoring involves the sale of a company’s accounts receivable for an agreed-upon time period in order to accelerate cash flow. The sale of accounts in exchange for future payment generates cash sooner than if the company collected its receivables at a later date in accordance with its sales terms. This provides businesses with immediate cash advances up to 90% of the invoice amount.

Candidates for Factoring:

  • Companies with revenues between $1 million and $50 million
  • Companies with needs of $100,000 to $5 million
  • Startup, fast-growing, turnaround companies
  • Service, manufacturing, and distributor businesses

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