1^st Commercial Credit announced today it will be subsidizing the cost of the software for clients that want to use the new MyBizPad™ Invoicing Software that submits to factoring companies in 3 seconds. The software retails for $2,400.00 a year and will be available at no cost to clients that are currently factoring with 1^st Commercial Credit and affiliate companies.

MyBizPad™ helps eliminate the cumbersome task for business owners/managers that are factoring receivables saving hundreds of hours.

Raul Esqueda, President of 1^st Commercial Credit says, “It can become a fulltime job in managing the invoices to be factored and keeping all the files together with the matching invoice for both the customers and the factoring company. MyBizPad™ has developed a software solution that allows the business to submit to the factoring companyan unlimited number of PDF files that include all the backup and invoices in an organized manner in just 3 seconds. We believe offering services and solutions like this to our clients provides value and helps keeping long-term relationships.”

The software is available for businesses in General Industries and Temp Staffing agencies. The package comes with basic accounting and invoicing functions that separates non-factored accounts from the factored pledged accounts. The Trucking version should be available at the beginning of 2019.

Video – Quick demo of the Temp-Staffing version of Invoicing to factoring

Video – Overview of the General Industry version of Invoicing with Inventory Items

The General Industries version 1.0 offers invoicing, document merging, accounting, inventory control, purchase order creation, sales reports and anti-theft alerts to admin. The Temp-Staffing version 1.0 is tailored more for labor hour sales. It offers a custom rate table per customer and professional, invoicing, document merging, accounting and includes a Time Totals Module that tallies up the hours based on billed hours. All modules are easy to learn, and makes invoice factoring a simple process.

For more information please contact 1^st Commercial Credit or 1 800 876 6071