New Century Financial
About Business
Factoring is the purchase of a company’s invoices at a discount to provide immediate funds to the business. These immediate funds can become the working capital for a company so business operations are uninterrupted by a negative cash flow. When factoring is used, you may receive a cash advance of up to 90% of the original invoice.
New Century Financial then takes the invoices and gets in touch with your clients so they may send payments directly to New Century Financial. We collect the money and then send the remaining invoice funds that we have not previously advanced to your business. We also take out our fee when collecting on the invoices. Find out more about this unique financial opportunity by contacting us today.
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