We are a nationwide receivables factoring company offering
invoice factoring programs the
because of our unique funding capabilities.
are restricted by their banks on
what kind of factoring programs they can
are not restricted
tell us that our combination
of low rates,flexible contracts and
service makes us the best choice for invoice
We have been providing invoice
services nationwide for decades
and have clients in hundreds of
Health Care Staffing, Tansportation,
Trucking, Manufacturing, Labor
and much more.
Up to 97%
Invoice Factoring Advance Rates:
Advance rates are based on overall risk
associated with a particular industry
as well as experience and track
We hold reserve accounts to accommodate
dilution and that we would otherwise
not be able to
Advance rates range from
80% to 97% of the gross invoice
Invoice Factoring Fee Structures:
Fees are determined based on
industry, the credit worthiness
of your customers, how quickly
invoices turn, and
monthly factoring volume.
GET YOUR CASH TODAY
Call our invoice factoring
Email Us or
ONLINE INVOICE FACTORING REQUEST
FACTORING HOME PAGE
"In all my
years of finance experience I have found you as being the best source,
your personal touch and commitment to us has made our relationship a great
blend of business and friendship."
Controller for Utilities Company
IS INVOICE FACTORING FOR
WHY INVOICE FACTORING IS
HOW INVOICE FACTORING
WHY OUR CUSTOMERS CHOOSE
SWITCHING INVOICE FACTORING
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EVERYTHING YOU NEED TO
KNOW ABOUT INVOICE FACTORING
Wikipedia Invoice Factoring
other receivables factoring companies,
our program includes the
following features at no additional charge:
• 12-24 hour funding on approved
• Highest advance rates in the industry
• Credit analysis on new
and existing customers
• Continuous collection management and follow up on
• Invoice and statement mailing (postage included)
Account status inquiries anytime;
24/7 online account
allow you to electronically submit Invoices
• Free credit checking on new
customers at no additional cost
More Receivables Factoring Information
Is Invoice Factoring For
The key to knowing if factoring
for you is to not to look only at the
bottom-line factoring fee,
but also to consider how your company
may increase it's profits through
Here is additional
information on factoring
to help you with your decision.
invoice factoring fees
and advance rates determined?
It is based on
The creditworthiness of your clients
Your monthly billing
Average invoice size
Average days to payment
Fees can range from
2-5 % of
the invoice's face value.
For example if the invoice's value
is $1,000; a fee of 3% equals $30.
What is an
amount of money you
when we buy your invoice.
The balance is returned to you when
your customer pays the
Advances range from 60-95%
of the invoice's face value.
example if the invoice's value is
$1,000 an advance rate of 80% equals $800.
The balance of $200 less the
factoring fee is returned to you when your
customer pays the invoice.
overall increase in factoring volume is mainly attributed to the credit crunch
in the late 80s. As the availability of
bank commercial credit tightens, more businesses look towards alternative sources
of financing to achieve growth.
can help those firms that banks often find difficult to approve such as
start-up companies whose growth outstrips cash.
The primary focus in a factoring relationship is the credit-worthiness
of the customers being invoiced and the client’s ability to produce a quality
product or service. Simply put, if the
business has an acceptable product or service that it provides to a
creditworthy customer then the business is a candidate for factoring.
fact is that most companies share a common dilemma during periods of rapid
growth of incoming orders draining cash flow.
Factoring not only provides immediate cash but, efficient businesses
also use it as a tool to increase profit margins:
Take Advantage of Early Payment
Discounts - Having access to cash enables businesses to save on average 2% by
taking advantage of early payment terms offered by suppliers. The points saved by reducing raw materials
costs helps to offset the factoring fee.
Take Advantage of Volume Discounts - Having cash also enables businesses to buy
raw materials in greater volume. This
saves money and directly impacts the bottom line.
Reduce Late Payment Penalties and Interest Charges - Having immediate cash on
hand to pay current obligations as they become due eliminates late charges from
suppliers and other creditors.
Meet Obligations on Time - Paying vendors on time helps to establish a solid
credit track record and allows for increased future credit limits from vendors
as well as financial institutions.
Offer Credit Terms to Customers - Offering credit terms to customers is a
common way to increase sales by making it “easier” for customers to buy. Having financial backing to carry accounts
receivable is essential if a business wants to be able to follow through on its
commitments. Reputable factors encourage
“managed” growth by consulting with clients regarding exposures and other risks
when taking on new credit accounts