VGR Investiments

Invoice Factoring - Overview

What is Invoice Factoring?

Factoring is an effective form of business financing in which you sell your invoices to a factoring company in exchange for immediate payment. It eliminates the 30 to 60 days that your customers take to pay your invoices and provides you with the working capital you need to run your business.

Factoring invoices is simple and can be used by most businesses.

Here is how it works:
  • You deliver goods / services to your client and issue an invoice
  • You sell your invoice to a factoring company, who immediately advances you the 1st installment. This will be between 70% and 90% of the gross value of the invoice. You usually receive the advance in as little as 24 hours
  • After 30 to 60 days, the invoice is paid by your customer and the factoring company advances you the remaining funds as a 2nd installment, less a small financing fee

An important result of the using invoice factoring you will get predictable cash flow. Factoring eliminates the uncertainty of when you'll get paid.

Benefits

Using factoring to finance your business has a number of benefits. They are:
  • Factoring invoices gives you predictable cash flow. It eliminates the uncertainty of when you'll get paid by your customers
  • Invoice factoring lines are tied to your sales. Your financing line grows as your sales and your company grow
  • Factoring is easy to obtain and can be set up in days
  • Factoring invoices is ideal for established companies or startups

Our Services

VGR Investments can work with your business to offer invoice and accounts receivable factoring services you won't find anywhere else, so we can help you meet your company's financial needs. Because we are a direct lender and not a broker, we are able to directly offer very competitive rates, coupled with exceptional service.

VGR Investments has a solution to your working capital requirements. We've been providing financial resources to clients since years. In fact, if you meet requirements, you are ideally positioned to turn your invoices into cash with ina day with VGR Investment Invoice Factoring services.