Many businesses can improve their cash flow, fuel growth and improve their business’ efficiency by locally factoring receivables. We verify your invoices and purchase your receivables from you, advancing up to 80% of the invoice value. Once payment is received from your customer, we advance the remaining amount back to you.
Factoring is often the most economical and conservative way to finance growth. When you use cash from factoring for growth there are no up front legal fees, due diligence fees or standby charges.
Owners who aren’t quite ready for larger credit facilities can avoid diluting ownership of their companies to satisfy working capital requirements. We provide cash based on your receivables, not your credit history. By operating with fewer loans or lines of credit we can even help you improve your credit rating.
It is more economical and less time consuming to factor receivables than to pay and supervise administrative collections staff.
Our clients typically have annual revenues from $100,000 to $20,000,000