Funding for Construction Progress Billing

The Interface Financial Group provides short-term cash flow to the construction industry by purchasing selected invoices for work completed and/or progress payments at a discount. Our service allows them to convert an invoice due in 30 to 45 days into immediate cash.

Would you like to turn your AIA requests for progress payments into instant cash?
Would you like to bid on more contracts but don’t have the cash flow to support the bid?
Could your business grow if your business was “cash on delivery?”

Our quick and cost-effective system can help you achieve your expansion goals today. We free up working capital so you can pay suppliers and employees and take on more jobs. We understand your business and can help you.

What is Invoice Discounting

The Interface Financial Group® Invoice Discounting process is very simple — IFG purchases the invoices of a small business doing business with another business (B2B) at a discount. Put another way, the invoices IFG purchases become “cash-on-delivery” sales for our clients. (This is not factoring in the 21st Century meaning of the term. By definition, yes, we factor receivables).

The client's customer agrees to pay IFG based on the terms of the invoice. With a new client, there is a due diligence period of approximately five business days to collect information and to check the credit of their customer.

What does our client get? Increased cash flow to support and grow their business operations. Many times a client can offset the services fees of invoice discounting by placing larger orders with suppliers, paying suppliers to avoid late charges, meet payroll or even pay taxes.