What We Do
Invoice factoring built for property services. We help management companies and vendors work better together by accelerating the way invoices get paid.
The Process
Vendors assign their approved invoices to Mangrove Advance and get funded within 24–48 hours. PMCs pay Mangrove on their normal schedule.
The vendor finishes the job and submits their invoice to the PMC as usual.
Same approval process. Nothing new to learn or change for either side.
The vendor's receivable is assigned to Mangrove Advance. The vendor is paid within 24–48 hours.
The PMC pays Mangrove Advance on their existing Net-30 or Net-60 cycle. Same timing, same process.
Vendor pays a small 2–5% fee
Same approval, same terms
Not a loan. No liability for PMCs or vendors.
For Property Managers
Earn passive income on every funded invoice. Retain your best vendors. Improve service quality across your portfolio.
For Vendors
You've done the work. You've earned the money. Mangrove Advance gets it to you within 24–48 hours so you can cover payroll, buy materials, and grow your business.