fbpx

Invoice Factoring

Get Access to your receivables before payment terms are complete.

A Tool to Capitalize on Your Aging Receivables

Rates: 3% - 15%

Approvals: As much as you have in AR!!

Term: Net 30, 60, 90 days

What is Invoice Factoring?

Invoice Factoring is a resource designed for a business with an aging AR. It enables a business to receive payment before the terms of the invoice are complete. Invoice Factoring, or receivables financing, works as a transaction between, Cast Captial, The borrower, and the borrower’s client. The invoice is sold to Cast Capital for 85% – 97% of its worth, and when the net 30, 60, or 90-day terms are completed, the client pays the full invoice to Cast Capital. The cost associated is determined by the time the invoice will take to get paid, but also the creditworthiness of the client.

Ready to Grow your Business?