Invoice Factoring
Made Easy at TAB Bank
Empower your business and achieve your financial goals by harnessing the potential of your balance sheet. Exchange your unpaid invoices for immediate access to working capital. You will be paid in advance and will not have to worry about collections.
Say Hello to a Smarter Approach to Invoice Lending
If you want your company to grow and thrive, you need to choose a reliable lender you can trust. A bank that has experience and the resources you need to access working capital. A bank that offers some of the best rates and quickest service in the industry. Most importantly, your business needs an invoice financing lender who tailors their services to your needs and offers easy-to-use solutions for factoring. TAB Bank is that lender.
- Easy access to your cash with our streamlined online banking portal
- Personalized attention from a dedicated relationship manager to help with your unique banking and financing needs
- Customized invoice factoring solutions to fit your specific business
How You Can Grow Your Business with Invoice Factoring
When you get quick invoice factoring lines of credit, this immediate capital can help you fund your business in several ways, including the following:
Simple
Our easy-to-use technology and dedicated relationship managers will make your invoice factoring experience intuitive and hassle-free
Reliable
A partner you can trust—we have the resources and security of a bank, with the proven expertise of a commercial lender.
Fast
Automated and online processing ensure you can get access to the cash flow you need, anytime and anywhere.
How Does Invoice Factoring Work?
Invoice factoring lines are financial transactions that turn invoices into cash – immediately. Invoice factoring is a widely used method that helps alleviate the waiting period companies experience after invoicing their customers. A major benefit to bill factoring is that you can get instant access to money that you’ve already earned, which enables you to put the capital to use towards your business to make the right moves and grow your company.
Are There Any Risks To
Invoice Factoring?
Invoice factoring is a versatile and powerful tool. However, there are some important considerations to keep in mind:
What Type of Businesses Use
Invoice Factoring?
Invoice factoring is available to B2B companies looking for an alternative to traditional business loans or lines of credit. TAB finances business in a variety of industries, including:
How is Invoice Factoring Different
from Business Lending?
Invoice factoring is not a traditional business loan. Rather, it is simply the sale of assets, which are the accounts receivable or invoices. The lender purchases the right to collect a receivable or invoice, when it is paid, in exchange for a fee.
In this type of financial transaction, the factor is depending on your customers to pay. Therefore, a lender is more concerned with the financial credibility of your clients. Factoring companies can collect payment indirectly or directly. If your business has creditworthy customers, invoice factoring can help you access the funds you need without having to wait on customers to pay their invoices.
More Than an Online Bank
TAB Bank is the lender you’ve been looking for. For more than 20 years, hundreds of companies have used us to improve their internal operations and get paid faster – and you can too.
Why American Small Business Choose TAB Bank
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Are you ready to turn your unpaid invoices
into cash flow for your business?