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For a cleaning company, factoring can be a valuable source of finance. The service can be quite labour intensive with cleaners visiting offices to clean and they may require wages on a weekly basis. The issue from a cashflow perspective is the the cleaning company may only get paid by clients on a monthly basis at best.

This is where cleaning company factoring can assist. As invoices are raised they can be notified to the factoring company who will advance up to 90% of the invoice value. This will allow wages to be paid without the worry of invoices being paid.

If you have an invoice factoring company it is worth contacting Smart Factoring Quotes to see which invoice factoring company will be the provider most suited to your businesses requirements.

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