Aerospace / Aviation Factoring

Invoice factoring and accounts receivable financing for aviation and aerospace companies

1 (800) 317-4933

Aerospace contracting and aviation factoring


Our invoice factoring product is ideal for aviation contractors and aerospace companies that bill their customers on credit terms of up to 90 days but still require cash in order to operate. Invoice factoring is designed for companies to grant credit to their customers without impacting cash flow in a negative way. In addition to factoring, we also offer purchase order financing, which can be very useful when dealing with suppliers.

THE PROCESS IS A SIMPLE ONE

  • Complete the simple application process (Fast approval)
  • 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 for companies in advertising: 

  • Hassle-free application to funding process
  • Ideal for companies billing their customers on credit terms of up to 90 days
  • No more waiting 30 to 90 days to get paid by customers
  • Meet payroll and general operating expenses
  • By offering credit to your customers you can secure more customers
  • Non-recourse option available (Ask for more information)
  • 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 (availability as you grow)
  • 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
  • For trucking and transportation, fuel card for savings at the pump and added convenience
  • Free load board to help truckers have full loads on each trip
  • Funding for well-seasoned companies and startups
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit can be another funding option for aviation and aerospace companies, is called a ledgered line of credit, it 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


more info