Invoice Factoring Steps

Invoice Factoring Steps

“So let’s break down what the steps are for invoice factoring. First, you’d just have to gather some documents, fill out a quick application. The application’s one page. It should probably take your max. I would say 60 seconds to fill out next. You want to submit a couple bank statements? You know, usually three is good. You can submit six. If you want to do driver’s license, voided, check your articles of incorporation and your detailed accounts receivable report.” – Jonathan Fodera

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Integrated Business Financing can help you with financing in all areas: Inventory, expansion, equipment, working capital, Amazon funding, and more. They tailor their programs to meet the specific needs of your business and simplify lending and financing options for businesses of all sizes.

The owner and founder of Integrated Business Financing, Jonathan Fodera, is an experienced Consultant with a demonstrated history of working in the financial services industry. He is skilled in Banking, Sales, Business Development, Entrepreneurship, and Strategic Planning. Jonathan is a strong consulting professional with a Bachelor of Science (BS) focused in Economics from Stony Brook University.

PULLED QUOTES from this video🎙️:

“And we want to see all the companies that you’re working with. Why? Because invoice factoring doesn’t go off of what your score is, what your credit is. It goes off for your clients, and then we’re going to need a sample invoice from there.”

“Next, once you sign a term sheet, you’re going to submit all the current invoices and it’s going to go through an underwriting process that on the writing process, doesn’t take long.”

“So what are some of the things that you can do do today to make sure that, you know, your cashflow is strong and everything’s working properly? Well, first take a look at your accounts receivable report. If you don’t have one and you’re working business, the business or business, the government, that’s a problem.”

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