Why Businesses Factor
There are many different types of factoring programs and choosing the correct one for your business is an important decision. Conventional borrowing is difficult to secure, especially for new or rapidly expanding businesses. Factoring does not create debt or require additional collateral and can generate cash flow quickly. With the TAFS App, clients can be funded within 1 hour of submitting an invoice. With a traditional loan you will wait a lot longer for your money. Why wait when you can get paid today?
Speed up cash flow
An alternative to restrictive bank financing
Eliminate the need for back-end office personnel
Reduce debt on your balance sheet