Create your free account now! Sign up

Re: Factoring company

If I understand what you mean by "factoring" as being a company that buys your invoice for immediate pay, then waits for the prime to pay while taking a percentage of your pay, then no I do not know of any good factoring companies. That said, if you need immediate pay, I would talk to the prime. They may already have a policy/plan in effect that would work for you. I have done that for some of my subcontractors. It’s a lot less paperwork.  If your prime is unable to do that for you, I would be worried about their ability to pay future invoices.  Another option may be to talk to your banker.  It may be cheaper to borrow money from a bank than a factoring company. 

This is CABL.com posting #386443. Tiny Link: cabl.co/mbMG7
Posted in reply to: Factoring company by linehand72
There are 0 replies to this message