Factoring for MSPs and IT contractors
Managed service providers carry hardware, licenses and engineer salaries up front and bill after. Factoring turns your receivables into the working capital that funds the next contract.
What we hear from managed i.t. companies
- Hardware and licenses bought before the client is billed
- Project work billed on milestones with long approval cycles
- Engineer salaries that do not wait for net-60
Who this fits
- Managed service providers
- IT project and integration work
- Cabling and infrastructure
- Medical supply and repair services