Invoice & Accounts Receivable Factoring

Factoring


Accounts Receivable Factoring



When your business needs cash for growth, a bank loan isn’t the answer. Accounts-receivable factoring is.

Need instant cash for your business?


Accounts-Receivable Factoring Is Simple and Easy.


1. You sell your receivable invoice(s) to a factoring company, receiving as much as 90 percent of the invoice amount in cash, within 24 hours. (The credit line is based on the financial strength of your customer, rather than your business.)

2. When your customer pays the bill, you receive the remaining cash, minus a small fee for our services.



 
Factoring gives you the cash you need. You don’t need a loan to keep your day-to-day business running. You need factoring.
Today’s business practices often force you into long waits for payment. Factoring eliminates those waits, creating predictable cash flow and fueling your company’s growth.

1. Get cash advances of as much as 90 percent of your original invoice.

2. Fund as much as you want, whenever you want.

3. Choose which invoices, or parts of invoices, to fund.

4. Get approval within 24 hours.

5. No long-term contracts.

6. No hidden fees or extra charges.


Providing financing for businesses across the U.S. through the purchase of accounts receivable at a discount, and making loans for equipment and working capital.

Competitive pricing, individualized client assistance, and innovative financial solutions are combined to accomplish its mission. Our service is different from other competitors:

•  Cash advances as high as 90% of original invoice
 • Fund as much as you want, whenever you want
 • You choose which invoices or parts of invoices to fund
 • Streamlined approval process
 • No term contract
 • No hidden fees or extra charges

Accounts-receivable factoring is not a loan. You make no payments and incur no debt. Any business that sells on open credit to creditworthy accounts is eligible.

You can sell your invoices—just a few or a lot—for instant cash. Cash for new orders, payroll or whatever will help your business grow.



How it Works
Fast Pre-Approval
2 minute application.
No obligation.
Up to $5,000,000 in credit facilities!
24 hour approval on initial funding
Subsequent requests can be approved in as fast as an hour by your dedicated account manager.
Provide invoices for purchase
Get funded fast!
Choose ACH. Receive funds in under a day and pay no transfer fees or choose wire for same day availability. Fund as much and as often as you want!

Invoice Factoring


Invoice factoring offers you quick, simple access to cash.
Today’s business practices often force you into long waits for payment. Factoring eliminates those waits, creating predictable cash flow and fueling your company’s growth.


Factoring invoices—in two simple steps:


1. Sell your invoice(s) and, within 24 hours, receive as much as 90 percent of the invoice amount in cash. (The credit line is based on the financial strength of your customer, rather than your business.)

2. When your customer pays the bill, you receive the remaining cash.

 Industries We Serve


                             Distribution                                 Transportation
                             Service                                          Energy
                             Staffing                                         Manufacturing
                             Technology                                  Oil and Gas


Provide a Detailed Loan Scenario on our 
  Business Loan Submission Form
        page and we’ll get back to you quickly.

  
        Thank you, and we look forward to serving you now and in the future.



FAQ

What is Accounts Receivable Factoring?
The purchase of invoices at a discount for immediate cash for working capital needs.


How is accounts receivable funding different than a bank loan?
During the application and approval process, we consider the overall strength of your company, including the creditworthiness of your customers and the strength of your relationship with them, your industry, your documentation, etc. On the other hand, banks focus on your company’s financial strength. Accounts receivable financing is not a loan; therefore no debt is entered on your company’s balance sheet. We can make a quick decision, while banks may take weeks-even months-to approve a loan.


My FICO Score is low. How will this affect my application process?
Your FICO Score is one of many factors that we consider so a low FICO score will never be the sole reason we don’t do business with someone.


I’m a new business with little or no credit history. Do I still qualify?
Since it is your customer who pays us, we concentrate more on their creditworthiness. We have helped many companies in their early stages grow into profitable entities.


How much can I access or how much do you lend?
We provide factoring facilities from $25,000 in excess of $5,000,000. We advance anywhere from 80-95% of the gross invoice.


Any obligation?
There is no obligation. No application fees or long term contracts. No expensive termination fees.


Do I have to pay an application fee to get started?
No, there is no application fee or any other fees when working with us. Your only cost is the cost of capital.


How long does it take to process my application?
Complete 2 minute application for Fast Pre-Approval. Once Pre-Approved and required documents are received, we can submit a formal proposal in less than 24 hours.


What are the required documents for formal approval?
Typically a current accounts receivable aging report, most recent tax return, and sample invoice with backup documentation.





Provide a Detailed Loan Scenario on our 
Business Loan Submission Form
        page and we’ll get back to you quickly.


Thank you, and we look forward to serving you now and in the future.



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