If you don’t have enough to cover your business taxes, you could use accounts receivable factoring to make up the difference fast.
As you know, the more tax deductions your business can take, the lower your tax debt will be. But this year if you misjudged the IRS rules on just what is or is not deductible, and you came up short of cash to cover the debt, there is one way that could solve the problem – accounts receivable factoring. Following are some answerrs to your questions about factoring:
Q: How quickly can one receive funding?
A: IFG usually completes funding within 24 hours.
Q: Can you be selective in the invoices sold?
A: Yes ? You can be selective. IFG does not expect to buy 100 percent of your receivables.
Q: Can I sell just one invoice?
A: Yes IFG calls this single invoice factoring, which has no minimum sales volume requirements. You use the service only as you need it. Similarly, there are no maximum limits either.
Q: How much can you advance against invoice?
A: IFG can advance up to 90 percent against invoices.
Q: How much will factoring invoices cost?
IFGs professional fees are competitive. Each client’s circumstances will vary and may have an impact on the fees. Send IFG a short, no-obligation application, and we will quickly provide a definite answer.
This could be the solution to your tax day challenges.
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