Sunday, April 23, 2017

How Factoring Can Improve Your Credit



As you know, a poor credit score can SERIOUSLY hurt your company’s chances for success. Your vendors won’t extend you credit, your bank won’t approve your loan, and soon you’re fighting an uphill battle to find working capital.


The good news is that you CAN make a difference in that score simply through factoring your invoices – AND you don’t need a strong credit history to qualify!

Imagine getting paid right away – without waiting weeks or months for customers to pay up. A factoring company buys your invoices at a discount and pays you upfront, speeding up your cash flow fast. With this instant cash boost, you can pay your bills on time -- or even early! You’ll improve your credit ranking and enjoy any early payment discounts. Plus, your customers will see that your business is in good financial shape and they can trust you with more orders.

If you want to improve your credit score while solving your cash flow problems, consider partnering with Interstate Capital. We offer same-day approvals of invoices, professional collection services and free credit consultations.

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