Why pay for expensive, long-term financing when you do not need it? Use our short-term financing programs and only pay for financing when you want it. Financing options such as invoice factoring allow businesses to borrow against accounts receivable as needed. If your company doesn’t need the working capital, then it is not charged a fee.
Invoice financing is used by thousands of businesses such as; manufacturers, service providers, medical companies, wholesalers, export companies, transportation companies and many others to support their growth when cash is tight.
By using invoice factoring, a.k.a. accounts receivable financing, your company will receive an advance on your invoices within 24 to 48 hours of approval. The advance amount is dependent on a number of variables (primarily on your invoiced customer’s ability to pay), but generally your company will receive and advance equal to 80 – 95% of the total invoice amount is advanced. In some circumstances the advance can be as high as 97%.
Get the working capital your business needs today!
Contact NPK Funding and get financing approval today.
