Factoring
Factoring allows you to on-sell your invoices for immediate payment.
This is how it works.
Say, for example, you are a carpenter. You invoice for a job worth $8,000, but you don't expect to be paid until the job is completed. You decide to 'factor' this debt and receive 90% of its value - $7,200.
Benefits to you
- manage cash flow
- less stress about getting money in to meet expenses
BDCU Factoring
- Set up to suit your needs by expert commercial lenders who know how factoring works and how it can benefit you
- Fast application processing
- Great BDCU service
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