Leverage our invoice factoring services to grow your business
Running a business is rewarding but also comes with cash flow challenges, especially when waiting on unpaid invoices. Whether you're in staffing, transport, or manufacturing, your company depends on steady cash flow to manage payroll, maintain equipment, or buy supplies. Voxen Capital specializes in providing flexible invoice factoring solutions designed to keep your business thriving.
What is Invoice Factoring?
Invoice factoring is a financial service that allows businesses to unlock cash tied up in unpaid invoices. Instead of waiting for your customers to pay their invoices, you sell these outstanding invoices to us at a discount. We then advance you the bulk of the invoice's value, allowing you to access the funds you need immediately.
Why invoice factoring is better than a loan
Unlike traditional loans, invoice factoring doesn't add debt to your balance sheet or require you to go through a lengthy approval process. The cash you receive is based on your outstanding balances, and the only limit is the volume of your sales. Whether you're a startup or an established business, factoring can provide you with a consistent source of working capital without the need to deal with lenders.
- No collateral required: Your invoices act as collateral, so there's no need to risk your assets.
- Fast approval: Get funded quickly based on the creditworthiness of your customers, not your credit score.
- Ongoing financing: As long as you have invoices, you can keep factoring and maintain steady cash flow.