Factoring Service

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 















































































































































































































































































































 

 

 

 

 

 

 

 

 

 

We are a nationwide company offering
factoring service programs the others can't
because of our unique funding capabilities.
The others are restricted by their banks on
what kind of factoring programs they can offer.
We are not restricted
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Up to 97%  
Factoring Service Advance Rates:

Advance rates are based on overall risk
associated with a particular industry
as well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience
dilution and that we would otherwise
not be able to service.
Advance rates range from
80% to 97% of the gross invoice amount.

Factoring Service Fee Structures:
Fees are determined based on
your industry, the credit worthiness
of your customers, how quickly
your invoices turn, and
monthly factoring volume.


GET YOUR CASH TODAY
Call our invoice factoring specialists at

1-888-239-9162 or

Email Us  or
Complete our

ONLINE INVOICE FACTORING REQUEST FORM

INVOICE FACTORING HOME PAGE

More Factoring Service Basics

Sometimes, because the seller is a new company, it may find it difficult to secure traditional bank financing. An alternative source of financing in such an instance is to use factoring  service by selling accounts to a finance company (the factor) in order to gain immediate access to the cash owed to the seller by its customers. Instead of sending bills directly to the customer, the company sends its invoices to the factoring service, who immediately pays the company–thereby eliminating the 30, 60, or even 90 days of waiting that normally encompasses a billing cycle.

Factoring service has been available to a variety of companies for many years. Some factoring service specialize only in retail financing, others specialize in freight-bill factoring for trucking companies, and others only factor invoices for manufacturing companies. Factoring service may be more expensive than traditional bank financing but often it is the only source of financing that some new or under-capitalized companies can find.

invoice factoring
freight factoring
account receivable factoring

Recourse factoring service

Recourse factoring service is now the most common type of factoring transaction. This factoring transaction allows the factor to go back to the seller if payment is not received (normally after a 90 day period). The credit risk does not transfer to the factor during the recourse factoring service process.

invoice factoring company
and
account receivable factoring
and
accounts receivable financing

 

Normally, in the event of non-payment by the customer, the seller must buy back the invoice with another invoice (credit worthy). Recourse factoring is typically the lowest cost for the seller because the risk for the factor on the funding transaction is lower.

An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services with which the seller has already provided the buyer. A commercial invoice factoring indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms. Commercial Invoices are often called bills.