Do you need immediate access to cash for your small business? Factoring services offer you exactly that. Factoring benefits businesses, especially the small and medium ones to a great extent. Small businesses don’t have to wait for 30 to 60 days to collect payment from customers and can access cash in a much faster way. Does your small business belong to industries such as textile, staffing, and printing? Then, you may need factoring more than others.
With the old school factoring companies, you can usually get invoice financed down to ca €/£5000 per invoice. BETALD can handle invoices down to €/£10 only.
This is due to the new modern technology that can handle very small amounts for your company. It is simple. Sync you ledger and BETALD handles it automatically. Any amount more or less.
About the Author: Per Frennbro is the CEO of BETALD, which offers high speed, low cost invoice financing for small businesses. As a serial entrepreneur, Per focuses on helping both small and medium sized businesses take control of their cash flow. Visit https://www.betald.com and see how you can turn your invoices into working capital to help your business prosper.