Beachwood, Ohio (PRWEB) August 29, 2013
Factoringfast.com, a technology leader in the invoice factoring industry, announces a fully electronic Invoice factoring program. The company was founded in 2010 with a mission to speed up and simplify the invoice factoring process. The electronic funding process saves clients time and money by converting images of invoices to cash within minutes.
The company prides itself in getting creative to better meet the needs of small business. Most invoice factoring companies are still requiring paper invoice copies and this leads to delayed funding, wasted time making copies, and the expense of overnight mail. Invoice factoring was created to provide immediate cash for invoices when companies need funds and cannot wait the traditional 30 to 45 days to get paid.
In addition to creating a paperless invoice factoring program they have also made the application and approval process easier and quicker. To stay in line with the quick invoice submission process they have added a low doc application, cutting the needed paperwork down by 50%. They company no longer requires tax returns or business financials for approval, saving time for business owners.
Factoringfast.com continues to look for ways to use technology and better meet the needs of clients. "We have partnered with high tech leaders to speed up and streamline the invoice to cash process. In today's invoice factoring industry very firms are grasping new technology and we see this as a huge opportunity to better serve our clients," explains Jeff Bross, CEO of FactoringFast.com. Our desire to get small business owners cash for invoices quickly by using technology will continue to bring our clients top level service.