Invoice Factoring in Woodbridge, CT
A commercial cleaning company that services offices along the Route 63 corridor finishes the work but waits sixty days for its clients to pay.
A commercial cleaning company that services offices along the Route 63 corridor finishes the work but waits sixty days for its clients to pay.
Invoice factoring
Invoice factoring in Woodbridge, CT is the sale of your unpaid invoices to a factoring company in exchange for cash up front. Instead of waiting for a client to pay, you get most of the invoice value quickly. The factor collects when the client pays.
It is not a loan against an asset. It advances money you have already earned but not yet received.
Bridge loans
Woodbridge has plenty of business-to-business firms that invoice on terms: cleaning crews, staffing outfits, contractors working the wooded parcels near Massaro Community Farm, and suppliers serving accounts across the New Haven area. When clients pay in thirty or sixty days, cash flow lags the work.
Factoring fixes that lag. The faster you convert invoices, the smoother payroll and supplier payments run, which is the whole point for a growing shop.
We are a broker, so we match your invoices and client base to factors who fit your industry. That matters, since a factor familiar with staffing or janitorial receivables moves faster and offers cleaner terms. We prepare the file and shop it from our New Haven office at 129 Church St. Call (475) 324-8340.
See the Woodbridge funding hub, the main invoice factoring page, or the New Haven hub.
Common questions
Why New Haven owners trust Cedargrove Credit
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