Receivables factoring in Georgia
For the past half decade, Georgia has been ranked the number 1 state in the country to do business – number 1 for for business and labor climate and number 1 in workforce training. Georgia has also been recognized as having a “Best in Class” state economic development agency.
Small businesses in Georgia and its major economic city of Atlanta benefit from invoice factoring. Invoice financing improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. You can pay for supplies, payroll and other operating expenses much quicker.
Invoice factoring is similar to a bank line of credit except you get cash flow without going into debt and making loan payments. You also get to enjoy the many benefits of receivables factoring that banks don’t offer.
Georgia factoring companies help your small business improve its cash flow but you also get professional accounts receivable management, credit services and a solid and business partner. You no longer have to pay in-house personnel for accounts receivables management and collections.
You don’t have to wait several months for a bank approval, rather you get your first funding within 5 to 10 business days, making invoice factoring a quick and easy process.