Improve cash flow Support growth Get funding with our invoice factoring program
Rapid scaling for your business
Customizable and flexible terms
Easy to use, quick to apply
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Let us answer your questions
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Uncertainties are everywhere, but they should never involve getting paid
Running a business in the energy sector can be challenging. We can help eliminate the issue of late payments and chasing invoices so you are able to put your time to better use, creating new solutions and expanding your business.
Integra Funding Solutions is an expert at delivering customized invoice factoring solutions to address the particular cash flow issues that energy firms confront. Our devoted team of business experts provides the knowledge and assistance required to help you improve your financial security and expand your enterprise.
BENEFITS OF INVOICE FACTORING
The top advantages of Invoice Factoring for Energy businesses
Debt-Free Financing
As invoice factoring is not a loan, there is no additional debt that must be accumulated, helping you to keep a healthier balance sheet
Boost Your Cash Flow
Having access to quick financing through invoice factoring enables you to confidently manage operating expenses, make investments in new machinery, and take on new projects
Accounts Receivable Management Simplified
By handling the collection process, we give you more time to concentrate on expanding your business
Flexible Funding
We offer funding options that are customized to your individual requirements, ensuring that you always have access to the money you need to expand your company
Why choose us
Benefits of working
with Integra Funding Solutions
Experience simplicity and speed in our streamlined approach to staffing factoring
Industry expertise
Our team has in-depth understanding of the mining and oil industries, so we can comprehend your company’s demands and offer specialized financial solutions
Fast Funding
We provide speedy and effective finance, with approvals coming in as little as 24 hours and funding coming in as soon as 48 hours, allowing you to have the money you need when you need it.
Competitive Rates
To help you maintain control over your finances, we offer factoring rates that are competitive, without any additional costs or binding commitments
Exceptional Customer Service
Our committed account managers give you individualized attention and support to make sure you’re constantly knowledgeable about and at ease with your funding alternatives
The process
How Energy Companies Use Invoice Factoring
Experience simplicity and speed in our streamlined approach to invoice factoring
Complete your job
When the work is finished, you send your client an invoice outlining the services provided and the amount that is still owed
Submit invoice to us
To check for eligibility, send a copy of the invoice to Integra Funding Solutions
Receive the payment
After acceptance, we will transfer a portion of the invoice value straight to your bank account, usually within 24 to 48 hours
Your client pays to us
In compliance with the payment terms, your client pays the invoice straight to Integra Funding Solutions
Proud To Be a Trusted Partner
Frequently Asked Questions
What is invoice factoring and how can it benefit my company?
Invoice factoring is a financial solution in which your company sells its outstanding invoices to a factoring company like Interga Funding Solutions. This allows you to receive immediate cash, rather than waiting for your customers to pay their invoices. It can improve your cash flow, allowing you to invest in new projects, cover operational expenses, or expand your energy business without taking on additional debt.
What are the fees and rates for invoice factoring?
The fees and rates for our invoice factoring services vary depending on factors such as your industry, invoice volume, and your customers’ creditworthiness. Typically, our fees range between 1% and 5% of the invoice amount. The advance rate can vary from 80% to 95%. We encourage you to contact our team for a customized quote tailored to your specific needs.
What is the minimum and maximum invoice amount?
At Interga Funding Solutions, we’re flexible and can work with a wide range of invoice sizes. We typically factor invoices with a value ranging from $5,000 to $5 million. However, we’re open to discussing your unique needs and can potentially accommodate invoices outside this range on a case-by-case basis.
Will my customers know that I am using invoice factoring?
Yes, your customers will be aware that you are using our invoice factoring services, as they will be paying their invoices directly to Interga Funding Solutions. However, we maintain a high level of professionalism and discretion in our interactions with your customers. Our goal is to build a strong relationship with both you and your clients, ensuring a seamless and positive experience for everyone involved.
Do I need to factor all of my invoices, or can I choose which ones to factor?
We understand that every business has unique needs, and we offer flexible solutions to accommodate them. You can choose which invoices to factor with Interga Funding Solutions, depending on your cash flow requirements and business objectives. Our team will work with you to create a customized factoring plan that suits your specific needs and helps your energy company grow.
What happens if my customer does not pay the invoice?
A: Interga Funding Solutions assumes the credit risk for the factored invoices. In the event that your customer does not pay within the agreed-upon terms, our team will work diligently to collect the payment. If, after exhausting all collection efforts, the invoice remains unpaid, we may charge the invoice back to your account. However, we carefully assess the creditworthiness of your customers before approving invoice factoring to minimize such occurrences.
How do I get started?
Getting started with our invoice factoring services is easy. Simply visit our website, integrafunding.com, and fill out the online application form. Our team will review your application and reach out to discuss your specific needs. Once the details are ironed out and an agreement is reached, you can begin submitting your invoices for factoring and enjoy improved cash flow for your energy company.
