Industries
Janitorial and facilities services
The crews are paid on Friday either way
Janitorial service companies work in a labour-intensive and highly competitive industry. Keeping your company running requires cash for weekly payroll obligations and other operating expenses. Cash flow shortages are usually not a problem for large companies with deep cash reserves, but small and medium-sized companies can suffer under the strain. MyFactor offers janitorial factoring for companies like yours that do not have the reserves of larger companies, and it can help you conquer the cash flow challenges that threaten your growth.
Who we fund
- Commercial cleaning
- Facility maintenance
- Landscaping
- Building services contractors
What is janitorial factoring?
Janitorial invoice factoring is a financial solution where your business sells its unpaid invoices to a factoring company, like MyFactor, for an immediate advance, typically within 24 hours. Instead of waiting 30, 60, or 90 days for customers to pay, you get the cash flow to cover operating expenses, purchase inventory, pay employees, and invest in growth.