advertising factoring
Accounts receivable financing and invoice factoring for advertising companies
1 (800) 317-4933
Factoring for advertising agencies
Invoice factoring and accounts receivable financing are ideal for advertising companies that are billing commercial clients monthly on 30 to 90-day terms. Like any business, ad agencies need cash to operate, and granting credit to their customers can have a negative impact on cash flow, this is why an invoice factoring or accounts receivable financing facility can be the right solution to help maintain the flow of capital without interruption.
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 option is called a ledgered line of credit and a great funding option for advertising agencies. 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
more info