Could your business use more cash? For most, it’s a no-brainer. Whether you are looking to expand, stock inventory or purchase advertising, you need funding. Invoice factoring — the purchase of an invoice at a discounted rate in exchange for fast cash — is a smart way to secure funds when you need it.
At RMP Capital, our invoice factoring process is simple. Here’s a step-by-step look:
STEP 1: Getting in touch
To get started, give us a call at 631.738.0047 or download an application. We’ll review your application and let you know if you qualify. If so, our team of experts will issue a proposal covering all terms and conditions. Once accepted, we can begin funding your accounts receivables.
STEP 2: Invoice verification
Invoices will be submitted to RMP Capital for review and verification. This step of the process helps your business while ensuring that the purchased invoice will be paid. We’ll call your customer to verify the amount and alert you of any issues.
STEP 3: Purchasing your invoice
Once we’ve verified your invoices, we’ll approve the invoice purchase and fund your company. It’s that simple! When the invoice is paid, RMP Capital will release any reserve withheld, less any fees, to you.
With RMP Capital, you can track the process every step of the way. Our secure online tracking system allows you to monitor all incoming invoices.
Isn’t it about time you considered invoice factoring? Get started today so your company can do big things in 2016!