How IFG Funds Small Business
THE INTERFACE FINANCIAL GROUP helps small business owners get the money they need today for payments they are waiting to get in the future. IFG turns invoices into cash.
The INTERFACE system is designed to be as "user friendly" as possible, while at the same time incorporating the necessary framework of the transaction into simple and straightforward documentation.
The main documents required by the INTERFACE system need only be completed once, at the beginning of the relationship. This process can be completed in as few as 2-3 days if our client has his financials ready to go.
Once this process is completed, the documentation is reduced to just one basic form submitted to INTERFACE by our client, one form from our client to his customer, and one form issued by INTERFACE to our client with the payment.
The following are the seven basic steps that need to be completed (for established clients) for the first transaction. The transaction itself, once the initial set-up is completed, can be completed in 24 hours.
Step One
• The INTERFACE client delivers his goods or services to his customer.
Step Two
• The INTERFACE client creates an invoice for those goods or services.
Step Three
• The client offers to sell the invoice to INTERFACE.
Step Four
• The client advises his customer of the transaction with a "Notification of Sale."
Step Five
• The customer acknowledges receipt of the "Notification of Sale" to INTERFACE.
Step Six
• INTERFACE completes the purchase with a payment to the client.
Step Seven
• INTERFACE waits the remainder of the term (30 - 45 days) and receives the payment from the debtor.
Step Eight
• INTERFACE rebates back to the client the difference between the discount and the fee.
Download an application and fax it to 480-284-6291, contact us at info@businessfundingaz.com or call us at 480-609-7044.
THE INTERFACE FINANCIAL GROUP helps small business owners get the money they need today for payments they are waiting to get in the future. IFG turns invoices into cash.
The INTERFACE system is designed to be as "user friendly" as possible, while at the same time incorporating the necessary framework of the transaction into simple and straightforward documentation.
The main documents required by the INTERFACE system need only be completed once, at the beginning of the relationship. This process can be completed in as few as 2-3 days if our client has his financials ready to go.
Once this process is completed, the documentation is reduced to just one basic form submitted to INTERFACE by our client, one form from our client to his customer, and one form issued by INTERFACE to our client with the payment.
The following are the seven basic steps that need to be completed (for established clients) for the first transaction. The transaction itself, once the initial set-up is completed, can be completed in 24 hours.
Step One
• The INTERFACE client delivers his goods or services to his customer.
Step Two
• The INTERFACE client creates an invoice for those goods or services.
Step Three
• The client offers to sell the invoice to INTERFACE.
Step Four
• The client advises his customer of the transaction with a "Notification of Sale."
Step Five
• The customer acknowledges receipt of the "Notification of Sale" to INTERFACE.
Step Six
• INTERFACE completes the purchase with a payment to the client.
Step Seven
• INTERFACE waits the remainder of the term (30 - 45 days) and receives the payment from the debtor.
Step Eight
• INTERFACE rebates back to the client the difference between the discount and the fee.
Download an application and fax it to 480-284-6291, contact us at info@businessfundingaz.com or call us at 480-609-7044.