More on factoring

There is no substitute for Experience and Standard of Service

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We understand the cash flow challenges that all businesses can face on a daily basis, and how time consuming it can be to find the right factoring company that can improve their cash flow and eliminate the struggles associated with unpaid invoices.

Our process is simple and straightforward, there's no red tape or funding committee, you will be dealing directly with decision makers that understand the cash flow issues that companies face and the need for a "quick and flexible solution" to not only improve cash flow fast but to help move the business forward. We have flexible solutions for those reasons and work closely with you to put together the right factoring facility for your business. Below are some of the advantages of our invoice factoring and receivables funding products:

  • 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
  • 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 starts at $20,000 and as high as $35 million
  • Facilities tailored to fit the funding requirements of our client
  • Up to 95% advances (Staffing)
  • Up to 97% advances (trucking)
  • Up to 95% advances (freight brokers)
  • Up to 95% advances (other industries)
  • Very competitive and attractive rates
  • Flexible terms
  • 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 option 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 the 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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