What is spot factoring?

Spot factoring allows businesses to sell an individual invoice to fund their cash flow. Spot factoring is a quick, flexible solution to help businesses pay suppliers, start on a new project, handle payroll and avoid spending time on unpaid invoices.

Benefits of invoice factoring?

• Quick approval process
• Provides businesses with immediate cash
• Great option for small, startup businesses
• Doesn’t require equity or taking on debt