tell us that our combination
California factoring Companies
Unlike other invoice factoring companies,
our program includes the
following features at no additional charge:
• 12-24 hour funding on approved invoices
• Highest advance rates in the industry
• Credit analysis on new and existing customers
• Continuous collection management and follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
• We allow you to electronically submit Invoices
• Free credit checking on new customers at no additional cost
Invoice Factoring Fee Structures:
Fees are determined based on
your industry, the credit worthiness
of your customers, how quickly
your invoices turn, and
monthly factoring volume.
GET YOUR CASH TODAY
Call our invoice factoring specialists at
Email Us or
ONLINE INVOICE FACTORING REQUEST FORM
More Account Receivable lending Information
Factoring and account receivable lending (ABL) are two types of accounts receivable oriented financing available to both young small wholesale distribution, manufacturing and service companies and more mature larger firms. These two types of non-bank financing have enabled tens of thousands of companies to grow and prosper.
Account Receivable lending is one of the most flexible financing options and the only one
that can continually grow with your company. You are not totally limited to
pre-approved credit lines, and you do not have to go through a complicated and
redundant application process as your business grows
Does a bank loan make more sense for my small business than account receivable lending?
Probably Not. Banks often have restrictive account receivable lending requirements relating to cash flow, profitability, equity, and years in business, which limit them from making loans to many small to mid-sized businesses.
Factoring companies are not in the account receivable lending business and there is really no such thing as “factoring loans.”
says you may be a candidate for factoring loans if your company regularly generates commercial invoices and you could benefit from reducing the time receivables are outstanding. Factoring may provide the cash you need to fund growth or to take advantage of early-payment discounts suppliers offer.
Factoring is a short-term solution; most companies factor for two years or less. says the factor's role is to help clients make the transition to traditional financing.
In some respects, the factoring loans process is roughly comparable to credit card arrangements;Just as Master Card buys a retailer;s receivables, paying the store as soon as a sale is made, factors do much the same on the wholesale level
There are very few things more important to a new, starting small or medium business than cash equity. There are many things that count as equity for example business equipment, cash on hand, line of credit, and even invoices. That's right! Invoices can be a means of equity for almost any business, but getting a working cash flow is usually only possible through recourse or non recourse factoring.
What exactly is non recourse factoring? How does non recourse financing differ from recourse financing? Is non recourse financing right for your blooming business? Let's take a few moments to explore the answers to these fascinating questions.
Factoring is a means of getting a cash advance on payable invoices. Factoring companies hold the payable invoices, and the business gets the much needed cash. When the debtor pays the invoice directly through the financing company, and monies remaining are then given to the business. There is a fee, of course, for this service, and the service has two types of factoring coverage: recourse and non recourse.
Recourse financing translates to what the meaning of recourse actually is in and of itself. When recourse financing is the term of the cash advance on payable invoices, should the debtor of that invoice not pay his or her invoice, the factoring company has "recourse", or the option, to get the monies owed directly from the business receiving the cash advance. Recourse financing means the business is held liable for the future payment of the payable invoice.
On the other hand, non recourse financing is similar but different. With non recourse factoring, should the debtor of the payable invoice not come through on the payment(s), the business is not responsible for the cash advance amount or fee. Instead, in non recourse financing, the financing company is held liable for receiving payment from the payable invoice.
Both types of factoring are popular, and usually, a financing company only does one. However, more and more financing companies are choosing to offer both services to their customers. Since recourse financing is less dangerous for the factoring company than the alternative, factoring companies are choosing both as a viable option for your cash advance needs.
Accounts Receivable factoring
Invoice Factoring Companies Information
In recent years, businesses have discovered that factoring accounts receivable can combat the ups and owns of unpredictable cash-flow cycles and provide a viable source of working capital when conventional financing is not always an option.Factoring Companies
Factoring is the practice of purchasing unpaid invoices from a company for a small, face-value discount. Factors-these buyer-give instant cash for what they expect to receive later, and the sellers can increase their cash flow without the usual 15-,30- or 60-day wait for payment.
For years, the bulk of factoring was predominately in the textile, furniture and apparel industries. Today, invoice-purchasing firms are working with all kinds of industries, including manufacturers, service providers, transportation companies and high-tech firms.
The increase is mainly attributed to the credit crunch that began in the late 1980s. as the availability of bank commercial credit tightens, more businesses look toward alternative sources of financing to achieve growth. Factors 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.
How it works
Depending on the agreement, businesses can pick and choose which receivables they wish to sell to the factoring company, who immediately advances 90-975 of the face value of the invoices. The balance of the funds, less the discount fee, is released once collections are made.
Invoice Factoring Freight Forwarding company
Why Receivables Factoring is Necessary
Is Invoice Factoring For You? The key to knowing if factoring is for you is to not to look only at the ...
... Invoice Factoring. How to Get What Your Business Really Needs ...
... Really Needs Is Invoice Factoring For You? The key to knowing if ...
... decision. How are invoice factoring fees and advance rates ...
... volume Average invoice size Average days to payment Fees can range ...
... 2-5 % of the invoice's face value. For example if the invoice's ...
... For example if the invoice's value is $1,000; a fee of 3% equals $30. ...
Accounts receivable purchasing is a potential tool for managing a provider organization's working capital needs. But before entering into a financing agreement, organizations need to consider and take steps to avoid serious problems that can arise from participation in an accounts receivable financing program.
Financing through a securitization of receivables does not create a liability. An asset--the receivables--is sold for cash; no accounts receivable loan has been granted.
There are many situations where a accounts receivable purchasing funding can help a business meet its cash flow needs. It provides a continuing source of operating capital without incurring debt, which can result in growth opportunities that dramatically increase the bottom line. Commercial factoring Virtually any business can benefit from factoring as part of its overall operating philosophy.Accounts Receivables Financing-Cash Flow Breakthroughs
Are You Ready For Small Business Factoring
Invoice Factoring Company
Every good businessperson must understand the concept and benefits of factoring in order to operate as profitably as possible. The following chart can help you understand the differences between factoring and other sources of funding.
Accounts Receivable Purchasing Definition
Alabama invoice factoring companies
Alaska invoice factoring companies
Arizona invoice factoring companies
Arkansas invoice factoring companies
California invoice factoring companies
Colorado invoice factoring companies
Connecticut invoice factoring companies
Delaware invoice factoring companies
Florida invoice factoring companies
Georgia invoice factoring companies
Hawaii invoice factoring companies
Idaho invoice factoring companies
Illinois invoice factoring companies
Indiana invoice factoring companies
Iowa invoice factoring companies
Kansas invoice factoring companies
Kentucky invoice factoring companies
Louisiana invoice factoring companies
Maine invoice factoring companies
Maryland invoice factoring companies
Massachusetts invoice factoring companies
Michigan invoice factoring companies
Minnesota invoice factoring companies
Mississippi invoice factoring companies
Missouri invoice factoring companies
Montana invoice factoring companies
Nebraska invoice factoring companies
Nevada invoice factoring companies
New Hampshire invoice factoring companies
New Jersey invoice factoring companies
New Mexico invoice factoring companies
New York invoice factoring companies
North Carolina invoice factoring companies
North Dakota invoice factoring companies
Ohio invoice factoring companies
Oklahoma invoice factoring companies
Oregon invoice factoring companies
Pennsylvania invoice factoring companies
Rhode Island invoice factoring companies
South Carolina invoice factoring companies
South Dakota invoice factoring companies
Tennessee invoice factoring companies
Texas invoice factoring companies
Utah invoice factoring companies
Vermont invoice factoring companies
Virginia invoice factoring companies
Washington invoice factoring companies
Washington, DC invoice factoring companies
West Virginia invoice factoring companies
Wisconsin invoice factoring companies
Wyoming invoice factoring companies