A cash flow solution for your biggest business expenses
If you dread checking your bank account before employee paydays to ensure you’ve got enough cash to cover those paychecks, you are not alone. With salaries and benefits topping the list of business expenses for most companies, meeting payroll can be among the most stressful challenges business owners face. Each week, fortnight, or month brings that hard deadline and you have to be ready for it.
Wages and employee benefits, such as health insurance, are not your only time-sensitive expenses. Depending on the nature of your business, you could also be juggling other priorities such as these:
- Rent or mortgage payments for your company’s office and other facilities
- Equipment leases
- Bills from suppliers
- Taxes and insurance
- Marketing and advertising
Keeping up with your timeline of regular expenses is tough, especially when your customers wait 30, 60, or even 90 days to pay you for work you’ve completed. That’s where invoice factoring comes in. When you factor your invoices, you get paid early with no waiting. With costs rising continuously, getting an advance on what you are owed can make the difference between struggling to stay open and success.
Interstate Capital, a leader in trucking factoring since 1993, can bridge that gap between finishing a job for a customer and getting paid for it. Interstate Capital’s factoring experts understand business owners’ cash flow needs – and have helped thousands of companies with affordable debt-free financial solutions that speed up their cash flow.
With your advance, you can pay suppliers promptly, stay current with your rent and mortgages, expand your sales and marketing efforts, and, perhaps most importantly, relax on paydays. Interstate Capital is your partner for reliable and fast funding to keep you on the road to success and help you grow your business.
To learn more about how factoring can help you meet your major expenses, Interstate Capital’s trucking specialists can outline a factoring program that will work for you.
It all starts with one click here to receive a complimentary factoring rate quote.