Is your sports company extending credit terms to its buyers?
Invoice Factoring
Invoice factoring is crucial for ensuring healthy cash flow for manufacturers, distributors, and wholesalers of sports apparel, fashion, and equipment products.
These businesses often extend credit terms to their customers for up to 90 days or more, which can lead to unpaid invoices that negatively impact cash flow.
To address these challenges, numerous companies in the sports industry are increasingly turning to invoice factoring as a strategic solution.
By selling their outstanding invoices to a factoring company, they can obtain immediate cash, enabling them to cover operational expenses without interruption and invest in inventory, marketing, or other essential business activities.
Additionally, it alleviates the stress associated with waiting for customer payments and eliminates the time-consuming billing and collection efforts.
Start the Simple Process With This Short Form
- Then, we will contact you to learn more about your business
- We then send you the short application (completed securely online)
- Send it back with the required information for our quick review
- After approval, typically within the hour, the agreement is signed
- You submit the invoices you want to factor
- Invoices are processed, and we start the funding process
Other Advantages...
- You will be dealing directly with the decision-makers
- Protect your business from bad debt with a non-resource option
- We can factor receivables into the millions (availability as you grow)
- Our pricing is very competitive, and terms are flexible
- Access your account securely online 24/7
- Track invoices and collections
- Keep track of your customer credit with free credit checks
- Invoicing and collection services are included
- We work with startups as well
- You will have a designated account manager
- Plus other benefits
More Information
For further details on how invoice factoring benefits sports companies that invoice their buyers on credit terms, please use this simple form. The next available representative will contact you promptly.
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