Technology companies, whether a start-up or IT industry veteran, can run into cash flow issues. Tech companies can’t wait 30-60 days without getting paid and expect to meet payroll and have the working capital to expand to new markets. Invoice factoring and purchase order financing can be the ideal solution to helping the IT industry with their cash flow needs. Factoring companies don’t look at your businesses credit. Instead, we look at the creditworthiness of your clients. If you are a start-up, having IRS issues, bad personal credit or similar, we can work with you based on your creditworthy clients.
BusinessCash can fund up to 92% of the invoice amount and get the working capital in your hands in as little as 24 hours for expenses like payroll funding or market expansion.