Factoring Information and Help

As your company continues to bill your customers in the usual way, you will send a copy of the invoices to BTB. BTB will then use cash flow factoring to advance your business 80% of the face amount of the invoices.

Once BTB is paid by your customer, the reserved amount of the invoice, i.e. (20%), will be released to your company minus the appropriate financing fee for the time which the advanced funds were outstanding.

The financing fee is based not on the financial strength of your company but rather on the quality of your customer accounts. The cost is based on the creditworthiness of your account debtors and the performance of your receivables. The cash flow factoring fees can be as low as 1% of the invoice amount, depending on the level of risk involved and the amount of time which the invoice is outstanding.

The initial set up time for a new client is typically 3 to 5 days. Once your account has been set up the turn around time for you to receive funding for your invoices will be between 12 and 24 hours. BTB is often able to wire transfer your advance directly to your bank account on the same day you provide us with invoices. We are your one stop shop for cash flow factoring.

More factoring information and help: When you factor, you do not incur any debt, and there are no monthly payments. You control your cash flow by determining how much to factor, and when.