There are numerous advantages to factoring for Utility companies and contractors. Factoring will provide you with increased cash flow which will enable you to do things such as, purchase new equipment and tools, take on more work, and even hire new employees.
While there are many factoring companies to choose from, we have been an industry leader for over two decades. Our trained staff can handle any size company with careful consideration of your needs and unsurpassed attention to detail.
Corporate Billing offers accounts receivable funding for the storm response, utility restoration and various maintenance services. We have provided support for emergency storm response, repair and restoration of utilities including overhead and underground transmission, substation maintenance, storm damage clean-up and other utility services. We fully understand that business growth in utility restoration or storm response requires cash flow to pay weekly or biweekly payroll when your accounts receivable invoices do not pay for 30, 60 or even 90 days. We have developed a simple process to provide same day funding on all completed utility invoices so you can meet your business obligations and grow your business.
The Corporate Billing Advantage
You will spend more time managing your relationships and running your business with immediate access to your cash. When you choose Corporate Billing, you’re getting more than access to capital: you’re partnering with a team of subject matter experts and professionals who understand the complexities of your business. We are here to offer you credit services, billing assistance, 24-7 accounts monitoring, and collection services. We are a team of professionals here to provide custom financing solutions, flexible terms, and the assurance that your needs are met in a timely manner.
Factoring Options Offered: We offer our members two types of factoring options: Recourse Billing and Non-Recourse Billing. There are no long-term contracts as we earn your business every day.
Recourse Billing Factoring: We fund the invoices minus a small reserve and our fee. Our team handles all of the billing, credit work, posting, and collections, and upon payment of the invoice, the reserve is returned!
Non-Recourse Billing Factoring: The invoice is 100% funded minus our fee and all billing, collections, credit work, and payment posting is done by our team. **We Take the Risk**
Advantages of Factoring:
– NO Debt as it is not a loan.
– Paid within 24 hours.
– SAVE THOUSANDS. Put more money in your pocket by increasing cash flow.
– Control your cash flow.
– Choice. Choose the invoices you want to process.
– Flexibility. No contract periods. No Minimum Requirement.
– Bid on bigger projects and grow to your full growth potential.
We have provided thousands of clients in the United States and Canada with access to capital and a suite of other customized solutions on flexible terms. Contact Us Today! 877.584.3600 or sales@corpbill.com.