Full Service Accounts Receivable Factoring
The Cash Flow Dilemma
One of the most common struggles any business faces is managing cash flow. You provide your products and services on time, only to wait 30, 60, or even 90 days or longer for payment. Meanwhile, your business has needs and obligations that require working capital. Whether you want to go after that new account, add inventory, or increase staff to manage a seasonal rush, having the cash you need, when you need it, gives you the opportunity to grow your business on your schedule. That’s where GTA Factors comes in.
How Factoring Works
Factoring is simply the sale of your open accounts receivable for immediate cash. Instead of waiting for slow-paying customers, GTA Factors purchases your open invoices at an agreed-upon discount for cash you can use right away. GTA Factors provides non-recourse factoring, which means we assume the credit risk – if an invoice you factor with GTA Factors isn’t paid for a credit reason, you are not liable. Most factors are full-recourse, which means you still have to worry about default. Non-recourse factoring gives you immediate cash for your invoices without the hassle of collections.
Factoring Made Easy
1. Send Us Your Invoices
Complete your job or order and submit your invoices to GTA Factors.
2. Invoices are Processed
Your invoices are verified then sent to your customers.
3. You Get Paid
Cash is deposited into your bank account within 24 hours.
Getting Started
Setting up your account with GTA Factors is easy and takes just a few days. Once your account is established, simply submit your invoices and relevant paperwork. After we verify the invoices, we send them to your customers and your cash is deposited to your bank account, all within 24 hours. You can manage your account and submit invoices online 24/7 through ClientNet, our online account management platform, where you can also instantly check credit on thousands of companies throughout Canada.
The GTA Advantage
Factoring with GTA Factors lets you operate your business at full speed. You deserve the flexibility of having resources available for any business decision you choose to make. Never again will you have to wait for cash to trickle in before you can take advantage of an opportunity to expand your company.
We’ve been helping our clients across North America to grow and succeed. Don’t waste another day waiting to get paid. Apply Now or request a Custom Quote today.
