Receivables factoring in Phoenix
Phoenix, Arizona is a top spot in the U.S. for small business formation. Manufacturing is among Phoenix’s largest industries, as well as the production of computers and other electronic equipment, missiles and chemicals. Phoenix Valley is filled with smart entrepreneurs and many of them use invoice financing to fund their small growing businesses.
Accounts receivable financing improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. You get the cash quicker so you can pay for supplies, payroll and other operating expenses.
Scottsdale, Glendale, Mesa
Businesses in Scottsdale, Glendale and Mesa enjoy the fertile business landscape. The economic environment is ripe with entrepreneurial spirit and many are ready to take their businesses to new heights with invoice financing.
Entrepreneurs and startups
Many small business aren’t ready for bank financing. Invoice factoring is an opportunity for start-ups with growing sales to achieve financial success without plunging into debt or giving up hard-earned equity.
Most factoring companies can approve your factoring application within several business days. Often, you can get your first funding within 5 to 10 days, making invoice factoring a quick and easy process.