Invoice factoring
Invoice factoring is the sale of your unpaid invoices to a factoring company that advances you most of the value up front, then collects from your customer directly. When the customer pays, you receive the remainder minus the factor's charge. Your outstanding receivables become working cash without new debt.
For a New Hope business billing larger clients in McKinney or across US-75, this closes the gap between finishing the work and getting paid. You keep operating on today's revenue rather than money stuck in accounts receivable.
New Hope sits in rural Collin County near Lavon Lake, and many local firms serve commercial customers on net terms, meaning payment arrives weeks after the invoice. Factoring frees that trapped cash so a New Hope company can meet payroll and buy materials without stalling on the next job.
Trucking outfits, staffing shops, and B2B service vendors working the FM 546 and Greenville Road corridors often face long payment cycles from bigger accounts. A hauler running loads out toward the Princeton and Farmersville side can factor a freight invoice today and fuel the next run instead of waiting on a slow-paying broker.
We are a broker, so we learn how your receivables flow, then match you to factoring companies that fit your customers and invoice sizes. We manage the paperwork and comparisons so you stay focused on the work. Call (972) 357-1128 to begin.
Based at 6800 Weiskopf Ave in McKinney, minutes from New Hope down SH-5, we build lasting relationships over quick transactions. That means we stay in your corner as your receivables and needs change.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.