Factoring Company for Florida
If you lead a business in Miami, Orlando, or anywhere else in Florida, Power Funding is here to provide you with worry-free and debt-free financing through Invoice Factoring.
As a Florida Factoring Company, Power Funding is here to help your business succeed! We serve our clients with invoice factoring services that allow you to access the money you need to run your day to day operations without incurring debt. We offer same-day payouts and offer up to 98% cash advances when we purchase your accounts receivable invoices.
How Does Invoice Factoring Work?
Invoice Factoring, also known as Accounts Receivable Financing, is an excellent way to get the cash you need for your business without going into debt or taking out a loan. It's a simple process. Sell your monthly invoices to Power Funding, and we'll pay you up to 98% of the value of your accounts receivable immediately. You'll receive the remainder, less our fee, upon final receipt of payment from your customers.
Power Funding will also operate as part of your billing department, handling collections, payment processing, and more.
There are no monthly minimums, and our maximum payout amount is $10 million per month.
Invoice Factoring gives your company total financial flexibility because as your business grows and your revenue increases, your accounts receivable financing can too.
How Will Factoring Help My Business?
Florida Factoring provides you with ongoing funding for all of your business needs. Many of the companies we work with invoice their customers at Net 30, 45, or 60, yet pay their employees weekly. This presents a challenge when it comes to your business budget.
The good news is that you no longer have to wait for slow-paying clients to send in their payment before paying your workers or covering your overhead. Instead, you can sell your monthly invoices to Power Funding to get paid for your receivables within 24 hours.
Pay your daily expenses, fuel your trucks, purchase the equipment you need, repair your machinery, restock your inventory, and much more with invoice factoring for your Florida company.
The Process Is Easy
Power Funding aims to provide you with your first payment by Friday! Here's how it works:
1. Apply Today
Applying is easy, paperwork is minimal, and credit requirements are highly feasible.
2. Get Approved This Week
Whereas bank loans often take upwards of a month or more to get approved, at Power Funding, our underwriting department will process your application and reach a decision by the end of the week.
3. Receive Payment Within 24 Hours
You can send us our accounts receivables as soon as you are approved, and you'll receive your first payment and every payment after that within 24 hours.
Industries We Factor
Power Funding is proud to serve businesses in Miami, Orlando, and the surrounding areas of Florida with invoice factoring. We offer the highest cash advances in the factoring industry to companies from every business sector in Florida, including:
- Agriculture & PACA Companies
- Construction Companies & General Contractors
- Government & Municipalities
- Healthcare Businesses
- Janitorial Services (Jan/San)
- Manufacturing Companies
- Oilfield Service Companies
- Staffing Agencies
- Small Businesses & Startups
- Service Providers
- Trucking & Transportation
Request A Quote
Ready to start an application? Contact Power Funding today to request a free quote and learn more about how Invoice Factoring will benefit your business.
