FAQs

Corporate Factoring | Frequently Asked Questions

Frequently Asked Questions / FAQs

Frequently asked questions

CFG offers invoice factoring, purchase order financing, payroll funding, accounts receivable financing, asset-based lending, export factoring, and trade finance.

Factoring of invoices means that your business can sell outstanding invoices to the factor and receive immediate cash to enhance your cash flow, rather than waiting for customer payments.

Generally, any business with eligible invoices, including startups.

Yes, CFG loves to work with startup temporary placement staffing agencies, serving as a reliable payroll funding source. This allows your agency to concentrate on business growth without the worry of weekly payroll obligations.

Yes, CFG customizes funding for various sectors, including staffing, trucking, manufacturing, and most other industries.

Export factoring allows you to sell your export invoices, enabling you to receive payment upfront instead of waiting up to 120 days for your international buyers to pay.

The CFG brand serves as a marketing platform for our company's services, including invoice factoring, payroll funding, and export factoring, along with those offered by our subsidiaries, divisions, affiliates, and partners. This organizational structure allows us to provide a diverse range of cash flow solutions, specifically tailored to meet the needs of companies that invoice their customers and buyers on credit terms. Our extensive network delivers customized solutions that effectively address the cash flow requirements of businesses throughout the U.S., Canada, and various global markets.

Yes, non-recourse factoring is accessible to a wide range of businesses, including those in staffing, trucking, manufacturing, and more.

CFG financial services assist businesses in improving their cash flow, meeting payroll obligations, purchasing inventory, fulfilling large orders, paying suppliers, expanding operations, and managing seasonal slowdowns.

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