Blackwater buys unpaid water damage restoration invoices for cash
Tired of Waiting?
Are you tired of waiting for insurance carriers and property owners to pay their outstanding invoices?
You’re not alone. Invoice factoring eliminates the wait.
Most water damage restoration invoices can take weeks to settle with an insurance carrier, and even longer to collect. You never really know how much the carrier will pay, and you’re unlikely to see your money for at least a month if not longer.
These uncertain and long payment cycles can put you in a constant cash crunch, making it hard to keep up with critical day-to-day expenses or invest in growth.
Eliminate the wait by factoring your invoices with Blackwater.
Invoice Factoring
Invoice factoring means you sell your unpaid water damage restoration invoices to Blackwater at a discount in exchange for immediate cash.
Because it’s a sale, not a loan, factoring won’t impact your credit like traditional bank financing.
Blackwater’s Spot Factoring process allows you to sell each invoice one at a time.
Blackwater works with water damage mitigation and hazardous material remediation companies that perform work covered by valid insurance claims.
Eliminate the wait and get cash when you need it!
Move your business forward
Immediate Cash. Factoring provides immediate access to working capital. No more waiting weeks and months to get paid. Get the cash you need to maintain daily operations and grow your business!
Eliminate Billing Hassles. No more haggling over invoice line items and payments.
Protect Your Reputation. Blackwater works to foster strong relationships with insurance companies and all others involved in each claim. Rest easy knowing you have professional advocate in your corner who is eager to protect your reputation.
Easy to Qualify. Factoring is not a loan and does not involve debt. Factoring does not require collateral or other requirements that might be typical with debt financing.
Blackwater gives high priority to the track record of your business, the quality of your invoices, and the quality of your work and documentation when evaluating your business and each invoice.
Factoring Can Be Your Strategic Cash Flow Solution. Factoring with Blackwater can be a great cash flow solution for water damage restoration businesses of all sizes and stages of growth.
