Factoring 101: How Invoice Factoring Accelerates Your Cash Flow
When your business waits weeks—or even months—for invoices to be paid, it can strain liquidity, delay payroll, and slow growth. Invoice factoring offers a powerful solution, giving you access to as much as 90% of the invoice value upfront.
Understanding Invoice Factoring
Invoice factoring allows businesses to sell unpaid invoices in exchange for immediate working capital. It’s an ideal solution for industries like staffing, logistics, and professional services, where waiting on customer payments can create cash flow challenges.
With factoring, you can:
- Bridge payment gaps
- Cover payroll and expenses
- Reinvest in growth opportunities
Why Businesses Choose Factoring
- Turn Invoices into Instant Capital
Instead of waiting weeks or months for payment, factoring gives you quick access to funds—right when you need them most. - Holdback & Final Payment
Typically, 10–20% of the invoice is held in reserve. Once the customer pays in full, the factoring partner releases the remainder (minus fees). - Funding That Grows With You
The more invoices you generate, the more working capital becomes available—providing a flexible solution that scales with your business.
Stronger Cash Flow Starts with Accord
- Bridge the Payment Gap: Receive funds immediately to cover short-term obligations while waiting for customer payments.
- No Restrictive Covenants or Collateral: Unlike traditional bank loans, factoring with Accord doesn’t require collateral or impose heavy restrictions.
- Industry Expertise: With deep experience in staffing, logistics, and services, Accord supports your business goals every step of the way.
How It Works: Step by Step
- Submit Invoices – Send your invoices to Accord Financial.
- Get Paid Quickly – Receive up to 90% of the invoice value in advance.
- Accord Collects – We manage payment collection from your customers.
- Receive the Balance – Once the invoice is paid, Accord releases the reserve (minus fees).
Accord’s Smarter Approach to Cash Flow
Invoice factoring is more than just financing—it’s a way to keep your business moving forward. By unlocking the value of your receivables, you gain the agility to cover costs, seize opportunities, and grow without additional debt.
Partnering with Accord Financial means gaining a trusted team that tailors solutions to your business needs.
Contact us to learn how factoring can strengthen your cash flow and fuel your growth.