Factoring

Factoring provides working capital loans to clients to support rapid growth and seasonality. Factoring may often provide inventory loans, equipment financing and real estate loans to clients in conjunction with a factoring relationship. Traditional factoring allows the client to immediately borrow money against their sales while, at the same time, allowing their customers the normal terms of sale. 

Turn Your

Receipts

Into Cash 

  • Immediate Cash Flow based upon your receivables. 
  • Invoice Today - Get Paid Today (up to 90%) 
  • No Application Fee 
  • No Long Term Commitments 
  • No Volume Commitments 
  • Credit checking on your customers 
  • Recourse or Non Recourse funding available 
  • Factoring Programs Designed to Fit Your Needs. 
 
Immediate cash available within 2 weeks with a short application,
you receive up to 90% of the invoices submitted and accepted.
 
Plus you will receive another check for the remainder
less fees when the invoices get paid.

Reasons

to Factor

  • Obtain a source of “Working Capital”.
  • Increase Sales. 
  • Fill more Orders and Expand your Business. 
  • Eliminate the risk of Credit Losses on your customers. 
  • Flexible Funding Programs 
  • Pay Suppliers promptly 
  • Have funds for Payroll and Taxes. 
  • Extend Credit to Customers 
  • Buy Equipment or Inventory on Demand.  
  • Industries that utilize factoring: 
  • Manufacturing  
  • Temporary Staffing 
  • Distribution  
  • Logistics 
  • Transportation 
  • Trucking  
  • Apparel 
  • Wholesale Government Procurement 
  • Internet  
  • Export/Import 
  • Automotive  
  • Health Services 
  • Typically any company selling a product or performing a service on short term open account credit.