Invoice Factoring in Santa Fe Springs, CA
A net-60 invoice ties up your money for two full months, and that waiting period is the number that squeezes freight and manufacturing firms hardest.
A net-60 invoice ties up your money for two full months, and that waiting period is the number that squeezes freight and manufacturing firms hardest.
Invoice factoring
Invoice factoring is the sale of your unpaid business invoices to a factoring company at a discount in exchange for most of the cash up front. Rather than borrowing against your balance sheet, you advance money you have already earned. The remaining balance, minus the factor's fee, is released once your customer pays.
Invoice factoring
The city sits minutes from the I-5 and I-605, which is why so many trucking lines, 3PL warehouses, and logistics firms operate out of the Telegraph Road and Los Nietos corridors. Those companies routinely bill large accounts on net-30 or net-60 terms. A carrier moving freight for retail distributors can factor its receivables to cover fuel and driver payroll this week instead of waiting on the customer's accounting cycle.
We are a broker, not a lender or factor, so we match your receivables profile to factoring providers and explain how advances, fees, and terms compare. Reach us at (562) 279-9414 or 17315 Studebaker Rd in Norwalk. See the Santa Fe Springs funding hub, our main invoice factoring page, and the Norwalk city hub for related options.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
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