Invoice factoring is a mixture of finance and managing of credit, which allows a company to extend credit and still get receive cash for its products and or services.
Certainly. Non-recourse factoring is the complete acquisition of accounts receivables or company invoices for an immediate cash payment.
Lily Pad Financial products and services offerings cover industries and sectors of transportation, manufacturers, printing firms, trucking, oil, gas, wholesalers, temporary agencies, janitorial, security guard firms and many more. Almost any company that sells a product on terms not surpassing 60 days may utilize factoring.
Want a full-service payroll funding partner combined with credit management services to boot?
Small business funding without hefty credit guarantees and lengthy historical financials is a possible approach to small business financing.
Discover how Lily Pad Financial can partner with as your freight bill factoring company to your increase revenues.
We are a invoice factoring, freight bill factoring, payroll funding company.
Discover the myriad of uses for accounts receivable financing with Lily Pad Financial.
An accounts receivable factoring company agrees to turn your receivables into working capital.
How is invoice funding instrumental for recent startups and growing companies seeking small business financing?
Concerned about diluting equity or alienating prospective future investors while soliciting business financing? Use invoice funding.
Practically any business looking to enlarge its cash flow and working capital for funding its expenses, payroll, or business financing can take advantage of invoice factoring.
Many fast growing companies and those in turnaround mode looking to increase cash flow and sustain business growth use this effective tool.
When financial intermediaries and factoring brokers are looking for a company they trust they turn to Lily Pad Financial for service and expertise.
Factoring brokers considering feasible approaches to greater levels business capital including payroll funding partner with an invoice factoring company.
Purchasing accounts receivables has a primary method to create working capital for financing business.
Discuss with your finance broker today a strategy involving debt free working capital as a means of small business financing. Whether you are recent startup or growing company looking for invoice factoring services Lily Pad Financial can assist.
Working capital raised by securing small business loans maybe contrary to a business plan for maximizing cash flow and guarding from unpaid bills.
Recently denied for funding on a small business loan? Our innovative small business financing maybe the capital structure needed to propel your business.
Small business loan also require approval committees and may involve credit guarantees which is must slower process then receiving immediate cash for delivery of your accounts receivable.
Quickly raise immediate cash without taking out a small business loan. Allow us collect your credit worthy invoices through payroll factoring.
Learn how a freight factoring service purchases your trucking company bills, pays for fuel charges, plus wages to drivers and other expense.
Not at all. There are absolutely no setup or application fees.
Funding time on any given application is typically seven days. We will normally provide a term sheet within 24 hours of a client submitting their invoices. To begin the application process click the button below.
That is the benefit for fast growing companies and recent start-ups. There is no financial track record review. We are simply using the invoice as collateral.