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Receivables factoring in Nevada
Nevada’s leading industries are logistics and trucking with plans to turn the state into a warehouse distribution hub, but no industry builds Nevada jobs faster than manufacturing. Business in Las Vegas and Reno depend on accounts receivable factoring for reliable cash flow, especially when bank financing isn’t an option.
Invoice factoring improves your cash flow because you don’t have to wait 30+ days to collect your receivables. You get the cash quicker so you can pay for supplies, payroll and other operating expenses.
Factoring companies serve businesses that lack the credit and financial history for traditional bank financing. Invoice factoring is attractive because factoring companies focus on your customers’ credit rather than your credit.
Invoice factoring helps your small business improve its cash flow. You get cash flow, receivables management, credit services and a financial partner to help your business succeed.
Accounts receivable factoring is quick. You can obtain factoring services in a matter of days instead of weeks or months. You get your initial funding as quickly as 5 to 10 days.