Are your unpaid invoices piling up? Turn them into cash flow for your business!
At Monetium Leasing, we provide Hire Purchase and Leasing options for you to purchase or rent machinery and equipment.
What is Invoice Factoring?
Invoice Factoring is a solution for your business that allows you to improve your cash flow by selling your invoices to Monetium Leasing.
Now you can exchange your invoices for immediate cash that can improve your day-to-day operations. Let us help you manage unpaid invoices.
How does it work?
- You send your invoices to your customer.
- You sell selected unpaid invoices to Monetium Leasing.
- Monetium Leasing gives you up to 92% of invoice amount as a cash advance and retains 8% as a Reserve amount.
- When your customer pays Monetium Leasing based on your invoice terms eg. 45 days later, Monetium Leasing will deduct the Factor and Admin fee from the Reserve and return the balance to you. The cycle continues until the fully purchased amount of card sales is fully collected.