Utilities Businesses Use Factoring for Growth

If you are in the utilities business your invoices are large and waiting to be paid. You still have to pay your bills, salaries of your team and maintain cash flow. Simply put, cash management is one of the biggest issues of any business and factoring is the cash-management answer. We turn commercial accounts receivable into cash within 24 hours with no added fees or long-term contracts.

Corporate Billing has provided cash for large corporations since 1995 through invoice factoring options saving thousands and allowing flexibility with NO contract period. Factoring will provide your company the means to pay employees, accept new jobs and bid on larger projects allowing you to grow to your full potential without taking on debt.

The utility industry is a growing industry and with access to your accounts receivable, you will be able to be competitive and control your cash flow which puts you in control of the future!

Factoring is not a long-term debt or loan. Invoice factoring provides your business access to immediate cash by receiving slightly less than the total amount on the bill vs a bank loan.

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 larger projects and grow to your full potential.

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!

Partnering with our team provides more than access to capital, you get a team of experts and professionals who truly care about your business. We can offer you credit, billing, 24-7 accounts monitoring, and collection services. Our team handles the paperwork and leaves you with peace of mind – it’s that simple!

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. Get the money you have earned in 24 hours from a partner you can trust. Find out more about factoring and how it will work with your Utilities Business and our team at Corporate Billing.