Service Company Factoring Company

Alliance One LLC understands the challenges facing the small to mid-size service industries. Service companies in most scenarios do not have a tangible product, making it more difficult to obtain traditional financing, especially in a very challenging economic times. You do not have product inventory or machinery, but what you do have are strong account receivables; while this might not mean too much to large banks in obtaining a loan, it means a lot to us. Alliance Once will purchase your aging invoices for immediate cash. You bill your customers for the services you provided, then forward us a copy of the invoice. We verify that the services have been completed, then we wire you up to 95% of the invoice amount within 24 hours. We hold on to a small reserve until that invoice is fully paid. Once the payment has been made, we release the reserve money back to you, less our discount fee.

Some reasons to use factoring in the service industry are...

• Pay your employees
• Pay your suppliers
• Grow your business
• Pay your bills
• Pay yourself
• If you have poor credit
• Newly established company
• Hire more people

HOW INVOICE FACTORING WORKS