Torque Factor is a unique offering for the Smash Repair industry.
It allows you to cash in your outstanding insurance company receivables on day 1 of the repair job, rather than at the completion of the job.
Why do I need Torque Factor?
Because Torque Factor will fund the repair from DAY 1!
Cash flow is the lifeblood of your business.
Smash Repairers can wait up to 45 days from receiving a repair authority from the insurer until payment is received.
Meanwhile, you have labour costs, bills for parts and other expenses that need to be paid, putting a strain on cash flow.
Covering cash flow shortages with bank loans, credit cards and overdrafts can be complicated and time consuming.
You may also be required to provide your home or other assets as security.
Torque Factor is a unique offering. It allows you to use your Insurance Company invoices for security, and most importantly, you will be paid on day 1, rather than at the completion of the job.
Cash flow is the lifeblood of your business.
Smash Repairers can wait up to 45 days from receiving a repair authority from the insurer until payment is received.
Meanwhile, you have labour costs, bills for parts and other expenses that need to be paid, putting a strain on cash flow.
Covering cash flow shortages with bank loans, credit cards and overdrafts can be complicated and time consuming.
You may also be required to provide your home or other assets as security.
Torque Factor is a unique offering. It allows you to use your Insurance Company invoices for security, and most importantly, you will be paid on day 1, rather than at the completion of the job.
“Torque Factor understand the value of an Insurance Company Invoice.”
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