How Food & Beverage Wholesalers Benefit from Invoice Factoring
One of the most common issues that food and beverage wholesalers/distributors have is a funding gap, which is created by their invoice payment terms. Accel Business Funding’s invoice factoring services bridge this funding gap by purchasing the company’s outstanding invoices and providing upfront cash payment on those invoices.
Another benefit to our invoice factoring services is that we focus more on the creditworthiness of our client’s customers rather than on the creditworthiness of our client. Thus, because of our simple application process and quick funding, many food and beverage companies opt to use our invoice factoring services. A company also does not need to worry about invoice collection as the factoring company will be assisting in invoice collection.
Accel Business Funding has helped many food and beverage companies through our invoice factoring services.