Biofuels factoring

Invoice factoring and accounts receivable financing designed to improve cash flow of biofuel manufacturers distributors and wholesales

1 (800) 317-4933

Biofuel factoring. Invoice factoring and accounts receivable financing designed to help biofuels companies with cash flow, biofuel manufacturing distribution transportation, and wholesale companies may offer credit terms to their customers of up to 90 days, which may result in cash flow shortages, factoring can be the solution to this problem. We can factor most sectors including, ethanol and fuels of biomass materials such as biomass-based diesel fuel, typically combined with other fuel products such as petroleum, gasoline, heating oils, and distillate/diesel fuel. Let us help your company eliminate the struggles associated with aged receivables.

SIMPLE PROCESS

  • 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:

  • 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 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
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, an ideal option for biofuel companies that are seeking a facility with many of the advantages of a traditional bank line of credit without 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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