Business Factoring

We can turn your 30-day invoice into a 1 day invoice.

Factoring is simple. We will buy your accounts receivables.  We will pay up to 90% of the total invoice values including taxes usually within 24 hours and the balance less our discount upon receipt of payment.  We also provide purchase order funding, supplier guarantees and letters of credit.

We ask your customer to confirm that the invoice is valid and not in dispute.  They also agree to remit the payment to us.  With a few simple documents completed by you and your customer you will enjoy immediate cash flow to be used in any manner you wish.

We do not place any restrictions on how your operate your business. Once we buy your receivables it is our obligation to collect. However, we will not interfere in your relationship with your customer by collecting through heavy handed methods.

Many clients use us during business downturns on a seasonal basis. Traditional lending sources have strict credit guidelines. This prevents many companies from obtaining lines of credit. It is your customer's ability to pay, not yours that we look at when approving a client.

To get started please fill in the simple Services form. We will then contact you to see how our services may benefit your company. If you decide to use our service, we will then provide you with agreements required from you and your clients. The entire process should take no more than a few days.

Top Ten Reasons for Factoring

Here is our top 10 list as to why you should consider factoring as your funding solution:

1. CASH IN AS LITTLE AS 24 HOURS
Factoring provides you with the ability to meet your CASH FLOW NEEDS IMMEDIATELY!

2. NO DEBT CREATED
Loans require collateral limited by your hard assets. Factoring is NOT a loan, so there is no debt to repay. A factoring company purchases your invoices at a discount. This enhances the financial ratios often used to determine your credit worthiness in obtaining other types of financing. Your balance sheet is more attractive and your financial position is strengthened.

3. HIGH ADVANCE RATE
We provide Higher Advance Rates which means you factor fewer invoices to meet your cash flow needs, which also means YOU WILL SAVE MONEY!

4. NO FINANCIAL STATEMENTS REQUIRED
In many cases, no business or personal financial statements or tax returns requested. Clean personal credit is not required.

5. PROFESSIONAL COLLECTIONS
Factors handle collections in a professional manner. Factors are not collection agencies. They understand the importance of business relationships and treat each debtor as though it is your best customer. Factoring companies SPEED the collection of invoices and reduce your collection cost. You can eliminate the overhead cost associated with having someone internally handling collections.

6. INVOICE PROCESSING MADE EASIER
You can greatly reduce your cost of processing invoices because factors handle much of the work.

7. ENHANCE YOUR CREDIT
Once you begin factoring, the increased cash flow will provide the liquidity to pay your venders on time. Making timely payments to vendors positively affects your credit rating and allows you to obtain credit from other vendors and financial institutions.

8. INCREASED PRODUCTIVITY
Business owners often spend more than half of their time on duties they do not find productive, such as collections, administration, bookkeeping, warding off creditors and searching for additional capital. Factoring helps eliminate this wasted time.

9. REDUCE ACCOUNTING COST
You will receive information regarding outstanding and paid accounts on regular basis.

10. NO LOSS OF BUSINESS EQUITY
Ownership percentages remain unchanged with a factoring arrangement (unlike bringing in new partners with capital).