- Accounts Receivable Factoring
Receivables Factoring to meet your needs
More businesses fail due to lack of cash flow than any other reason. Let Money on Tap instantly free up to 85% of your invoices value quickly and easily.
Accounts Receivables Factoring Simplified
Here at Money on Tap we believe in providing quality financial services that resonate with our core values: transparency, integrity, and commitment to excellence. With our Accounts Receivable Factoring Services, get instant access to up to 85% of an invoice asset’s value quickly and easy through Money on Tap’s Factoring Services.
Accounts receivable factoring alleviates the cash flow bottlenecks sometimes found in the payment process by allowing you to cash your invoices for cash now. It is a quick and effective way to receive the cash flow you need to support your business without having to worry about waiting for your accounts receivables to pay out. Money on Tap provides factoring services at industry leading competitive rates.
How can Money on Tap Accounts Receivables Factoring Improve my Business?
- Liquefies assets and improves cash flow.
- Creates fresh capital for growth.
- Free up time, energy, and alleviate stress of expenses.
- Allow us to conduct credit checks on invoices, giving you piece of mind.
Steps before Accounts Receivable Factoring Funding
Before funding can be provided, the following process must be completed:
- You must invoice your client and provide us with a copy of the invoice. Money on Tap will give you up to 85% of the value of the invoice immediately.
- Money on Tap handles your client’s invoice receivable, and the customer pays Money on Tap in full.
- Money on Tap gives you the remaining 15% of the invoice value minus charges.
A simple and transparent process that allowing you to quickly capitalize on your invoice assets and add value to your business. View more about the Accounts Receivable Factoring Process.