Southern Lending Group is well-known for providing high quality private invoice financing services. The private funds are lent by Southern Lending Group based on the strength of applicant’s debtor rather than his or her own figures. This will signify the financial position of the applicant.
The overall procedure shows that applicant does not have to factor all his or her debtors or apply for a long term facility. This also gives customers an enormous flexibility to fund the private invoices anytime through the private invoice funding services from Southern Lending Group.
These private invoice financing services enable Southern Lending Group use private funds specifically to purchase rights to one or more of the private invoices from debtors. Southern Lending Group offers up to eighty percent of the invoice in cash. Applicants’ debtor pays back the cash within thirty or sixty days according to the terms and conditions. Out of which Southern Lending Group takes out its fee and returns back the remaining amount to the applicant.
The applicant should have blue chip debtors and either the work must have been completed and acknowledged by the debtor or goods must have been delivered before starting the process of private invoice financing.
These private invoice financing services from Southern Lending Group help customers grow their businesses and earn huge profits. It also helps them expand their customer base.