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Service industry factoring is the solution for all your business needs. What is it all about? Factoring for services allows industries to gain cash for their invoices. Service factoring is a flexible financial solution that assists businesses in the service industry to improve their cash flow. Factoring companies, such as Viva Capital, help companies that sell invoices for cash by immediately providing them with funding for their business. Read more below.
What is service industry factoring?
The process of financing factoring means a factoring agreement between a provider of goods and services (ie, your business) and a financial institution (a factoring company). The factoring company pays the provider a percentage of the face value of an invoice amount that they received. The company then collects the outstanding invoice amount owed for goods or services by the customer.
factoring for service industry
Why choose service industry factoring?
Factoring financing is a debt-free process where you don’t have to wait weeks or months for your company’s invoice to get paid. You will get better cash flow to use at your disposal and therefore save your company from crumbling into debt.
Why choose Viva Capital for your factoring?
Viva Capital helps you quickly by providing a short-term working capital solution by leveraging accounts receivables. We offer factoring solutions to suit your budget and we do not have lengthy paperwork or processes.
Use your invoices to get cash today with service industry factoring from Viva Capital!
Homepage: https://vivacf.net/service-providers/
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