Non-recourse invoice and receivables factoring. This non-recourse factoring facility combines the comfort of credit approval and protection for your receivables.
The non-recourse product enables companies to transfer the credit risk of their customers to the factoring company.
NON-RECOURSE FOR SPECIFIC INDUSTRIES
Non-recourse factoring is often used by businesses in specific industries such as apparel companies, accessory companies, electronic distributors, textile manufacturers, furniture manufacturers, and food and beverage manufacturers to reduce payment risk.
FACTORING | INVENTORY | PURCHASE ORDERS
We offer this non-recourse facility in combination with inventory advances and confirmed purchase order advances. In addition to funding, we provide collection and receivable management services. Some clients need to leverage their e-commerce and retail cash flow by adding our direct-to-consumer products.
Not all businesses need to borrow on their receivables and inventory, so we can structure collection-only facilities that still provide the comfort of credit protection.
Our Non-Recourse Factoring facilities are designed for established businesses with an annual volume of $5 million to $100 million.
OTHER FUNDING OPTION | RECEIVABLES LINE OF CREDIT
Our line of credit option is receivables-based. It is called a ledgered line of credit and it offers many of the advantages of a traditional bank line of credit except for the restrictions that can hurt a business should a financial covenant is not met during a financial review or an audit.
A ledgered line has no such restrictions.
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
- No long application
- Plus other benefits
For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office will contact you shortly.
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