What sectors and industries find invoice factoring suitable?
A Factoring company primary goal is to satisfy its client with working capital loans without debt burdens.
Practically any business looking to enlarge its cash flow and lower it currents liabilities thereby creating a positive working capital for funding its expenses, payroll, or business financing can take advantage of invoice funding. Verification of a bill of lading and freight bill allows us to provide transportation companies with immediate cash payment being a nationwide freight factoring company.
We have a strong history of providing cash in exchange for freight bills, let our firm be your freight bill financing company. Recent start ups choose Lily Pad Financial for their small business funding provider. Accounts receivable financing is a viable solution to payroll funding and other expenses through the augment of cash flow in a business without equity dilution.
Financial intermediaries and factoring brokers prefer and take advantage of our full service invoice funding program for the following reasons:
- Nationwide Service Area for business financing across multiple industries
- Excellent service standards and industry leader in accounts receivable financing
- An extensive platform including payroll funding and transportation financing
If you are looking to find solutions without incurring debt or diluting equity to problems such as working capital, increased cash flow, management of accounts receivable, or payroll funding Lily Pad Financial can partner with you as your factoring company.