South Carolina Factoring Companies

South Carolina Invoice Factoring

South Carolina is in a strong position as renewed growth in private services and gains in manufacturing are powering the state’s expansion. Bank financing isn’t always available, especially when cash is needed quickly, so South Carolina businesses often turn to invoice factoring to improve cash flow.

Immediate Cash

Receivables financing improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. Factoring companies buy your invoices and send you cash within 24 to 48 hours.

Alternative Financing

Bank financing requires excellent credit and several years of profitable financials. Invoice financing, on the other hand, is restricted only to your customers’ good credit and your business situation.

Business Focus

Factoring companies provide flexible, easy, and timely cash flow. They also collect and manage your receivables, giving you more time to run and operate your business.

Quick Funding

Many factoring companies can approve your factoring application within 2 to 3 business days. If you need cash quickly, you may be able to get your first funding within 5 to 10 days.