Invoice Factoring from PJGLOBAL FUNDING allows business owners to turn B2B invoices due in 15 to 90 days into instant cash.
We pride ourselves on quick approval times, no long-term contracts, and with us there are never any hidden fees. Plus we offer credit lines from $20K to $2.5 million!
How Invoice Factoring Works
Business owner (Client) sells $1,000 worth of toothbrushes to Walmart (Debtor) which agrees to pay the Client in 30 days.
The Factor (us) advances 85%-90% of the invoice value ($850-$900) to Client. Factor notifies Walmart to re-direct it’s payment to us at the end of 30 days.
When 30 days pass, Walmart pays $1,000 to us.
We then remit the remaining $100-$150 back to the client, minus $1.2% to 4.0% in fees accrued over 30 days.