Invoice Factoring Group Introduces Financing Plan For Property Foreclosure Preservation Companies

May 19, 2011 - PRLog -- Miami, Florida - Invoice Factoring Group, a leading factoring company that services the USA and Canada announced its new program to offer factoring financing to property preservation and foreclosure preservation companies that have cash flow problems due to slow paying customers.

Invoice Factoring Group's factoring financing program can help property preservation companies that have to wait 30 to 60 days to get paid by banking customers but who need funds now.  Factoring provides an advance on slow paying invoices, helping property preservation companies who need funds faster to meet current business obligations. More information about the factoring can be found at our web site at http://factoring.qlfs.com/html/biz_services.html

"The foreclosure property preservation industry has been gaining traction in the past few years and will continue to grow until the real estate market returns to some normalcy," said Marco Terry, Managing Director of Invoice Factoring Group. "Our factoring program can help them with their cash flow problems, allowing company owners better manage and grow their companies" he added.

The property preservation industry has experienced dramatic growth in the past few years as banks and real estate companies have foreclosed properties with defaulted mortgages.  As these properties were repossessed, banks found that many were in disrepair. Furthermore, these homes required constant upkeep in order to be in a condition to be sold or rented, a task that was outsourced to property preservation companies.

Rapid growth has brought  substantial cash flow challenges to these companies since many of them are on net 30 or net 60 payment terms with their customers.  Invoice Factoring Group's factoring program helps bridge the gap, helping business owners focus on running their businesses rather than chasing invoices. Compared to most business financing programs, factoring is relatively simpler to obtain and easier to qualify for.

For more information, please call (866) 730 1922 or visit http://factoring.qlfs.com

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Invoice Factoring Group is a leading factoring company that works with small and medium sized companies with their cash flow problems due to slow paying commercial or government customers.