Skip to main content

business growth

Advantages of Invoice Factoring with Velocity

Accelerated Cash Flow

Invoice factoring advances cash to your business upfront, eliminating the typical 30 to 90+ day wait for customer payments. This immediate cash flow allows you to concentrate on what’s essential—scaling your business.

Rapid Funding

True to our name, Velocity provides swift funding solutions, with same-day funding for existing clients and quick turnaround for new clients.

Simple & Clear

Velocity’s simple rate structure makes understanding and predicting your fees easy so you can focus on running your business.

Expertise Across Industries

With over 60 years of combined experience in key sectors like oil and gas, staffing, renewable energy, and trucking, Velocity offers flexible working capital solutions to meet diverse business needs.

Fuel Business Growth

Leverage the additional cash to expand your team, upgrade equipment, and increase inventory without the hurdles of traditional banking.

Velocity’s Proven Process

Velocity’s proven process provides a simple and efficient way to help you go from interested prospect to satisfied customer. We understand time is of the essence and will use this process to quickly put in place a factoring facility that will help you grow your business and meet critical expenses such as payroll.

Gathering Information

Step 1
  • How Can We Help
  • Complete Online Application
  • Collect Documents

Underwriting

Step 2
  • Approve Customers
  • Review Financials
  • Background/Credit
  • Sign Agreement

Onboarding

Step 3
  • Velocity Portal Setup
  • Upload Invoices
  • Collect Customer Contact Info

Funding Approval

Step 4
  • Notice of Assignment
  • Invoice Verification
  • You Receive Funds

Collections

Step 5
  • Velocity Follows Up on Invoice Status
  • Velocity Receives Payment From Customer
  • You Earn Cash Reserve

Ongoing Customer Service

Step 6
  • Dedicated Account Manager
  • Good Communication
  • Quality Reports

Factoring Insights

Get Started Today

Help your business meet it’s cash flow needs with Velocity Financial. Discover how invoice factoring can provide you with a flexible option to grow your business. Our experienced team is committed to getting you the funds you need quickly and working hard to help you grow your business.

Velocity Financial

Headquarters
400 West Illinois Ave., Suite 1120
Midland, TX 79701
M-F 8am-5pm

5757 Woodway Drive, Suite 329
Houston, TX 77057
M-F 8am-5pm

Velocity Awards