The time you spend chasing payments, could be better spent on your business itself!
Whatever your unique situation, however big or small your business, Invoice Factoring can bridge the gap between raising an invoice and getting paid. And as one of Canada’s leading Invoice Factoring companies, we’re here to help. We understand that for many businesses, the cash you have tied up in invoices can be the key to surviving or thriving. You might find yourself facing cash flow challenges or you may need a cash injection in order to grow your business.
Factoring
Invoice factoring is a financial arrangement where a business sells its unpaid invoices (accounts receivable) to a third-party company called a factor at a discount. In return, the factor provides immediate cash to the business, typically covering a portion of the total invoice value, which helps improve the business's cash flow. The factor then collects the full invoice amount from the customers of the business. Invoice factoring is a way for businesses to get quick access to cash instead of waiting for customers to pay their invoices, although they receive less than the full invoice amount due to the discount. It's a useful tool for managing cash flow and meeting short-term financial needs.
Get Started →How does Invoice Factoring work?
| Invoice your customers | |
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| Invoice your customers ...and upload the details using our secure online portal. |
| Access your funds | |
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| Access your funds ...Fast cash within 24 hours. |
| Let us collect on your behalf | |
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| Let us collect on your behalf ...discretely, so your customer won’t know who we are. |
| Get paid the remainder | |
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| Get paid the remainder ...minus our pre-agreed fees. |