West Virginia receivables factoring
Accounts receivable financing invoice factoring and ledgered line of credit for West Virginia companies
1 (800) 317-4933
Flexible receivables funding options for West
Virginia companies with solutions that include invoice factoring
accounts receivable financing and ledgered line of credit.
- 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
West Virginia companies will work with a partner that services their state. For more information, please submit this SHORT FORM. The office that handles your area will contact you shortly.
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