Ready to improve your cash flow management and grow your janitorial company? Get started with this step-by-step tutorial.
- Complete an accounts receivable factoring application and then forward a receivables aging report. Typically, it will take 24 hours for you to receive a receivables factoring proposal from us.
- Look over the MP Star Financial receivables factoring proposal and then send the supporting documentation. Your improved cash flow management system can be in place in as quickly as five days.
- MP Star Financial will complete due diligence on your company and your customers – and then your factoring company will enter into a receivables factoring agreement with you.
Here’s how the process will work, now that your janitorial business has entered into a receivables factoring agreement with MP Star Financial:
- Your customers will be contacted by your factoring company, providing them with a change of address to remit their payments.
- You submit an advance request for funds, plus invoices you want to factor – along with supporting documentation.
- Work must be completed and/or products delivered and accepted by your customer prior to invoice factoring.
To get started, that’s all you need to do! So, apply for your accounts receivable factoring online today .
When you select MP Star Financial as your invoice factoring company, you can count on fast cash and no hidden fees.
With improved cash flow management, your janitorial business can:
- Meet expenses on time, including payroll and payroll taxes
- Take advantage of better payment terms – and offer payment terms to your clients
- Expand your business, either geographically or in the services that you provide – or in any other way you choose!
Don’t wait! Get started with your accounts receivable factoring now.
To improve cash flow management in your janitorial company and grow your business, apply for your accounts receivable factoring funds today or call MP Star at 800-833-3765, #150.
