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    CORNERSTONE FUNDING

GROW YOUR BUSINESS FACTOR YOUR INVOICES GENERATE CASH FLOW


INDUSTRIES SERVED

OIL AND GAS

Water Haulers
Cement Haulers
Frac Sand Haulers
Welding and Fabrication
Machine Shop
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Roustabout
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GENERAL MAINTENANCE AND SERVICE PROVIDERS

What is factoring?

Factoring is the selling of your invoices for immediate cash. A qualified client can receive up to a 90% advance on the gross amount of the invoice. The 10% "reserve" is refunded to the client once the invoice pays, minus the factoring fee—also known as the "discount".

In many cases, factoring is used to fund the growth of the business and expand operations. With that comes significant capital needs: Purchasing Equipment, Payroll Expense, Fuel, Supplies and Materials, Maintenance, and Insurance Costs.

Many startups and established businesses cannot qualify for a loan at a bank. Factoring allows a business to grow without taking on debt.

Factoring also allows the business owner to maintain their ownership percentage, by not having to give away a piece of the company to an outside investor with capital.

Please call us if you have any questions about factoring or can assist you in any way. You can download and fill out our one page application, and submit with the requested information via fax or email. Or if you’re in the area, stop by our office—you’re always welcome. We promise no “foot dragging”, and to give you a quick answer once we have all the information we need to make a decision. Time is precious!