factoring manufacturing

Accounts receivable financing and invoice factoring for manufacturing companies

manufacturing invoice factoring

1 (800) 317-4933

Flexible invoice factoring ledgered line of credit and accounts receivable financing for manufacturers of most types of products. These are cash flow solutions that are designed to eliminate the hassles associated with credit-term invoices and improve the cash flow of manufacturing companies.

THE FACTORING PROCESS IS A SIMPLE ONE

  • Complete the simple application process (via email)
  • Get approved (Documents are then signed)
  • You submit invoices (Invoices are verified)
  • Funds are deposited into your bank account

Below are a few of the other advantages:

  • Hassle-free application to funding process
  • No more waiting 30 to 90 days to get paid by your customers
  • You can offer credit to your customers (Grow your business)
  • Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
  • Protection from bad debt with our non-resource option
  • Receivables line of credit option (more information below)
  • Factoring in the millions for your company's continued growth
  • Facilities tailored to fit the funding requirements of our client
  • High advances on receivables
  • Very competitive and attractive rates
  • Flexible terms
  • We specialize in Vendor Management Systems (VMS Systems)
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Funding for well-seasoned companies and startups
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

This is a receivables line of credit for manufacturing companies, is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of their latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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