What is Factoring?

Widely accepted as an alternative financing source, factoring (accounts receivable funding) is used extensively in almost every industry by companies that need immediate cash — either for growth or for survival — and may or may not qualify for traditional loans or grants.

With accounts receivable funding, your invoices for goods or services rendered to your customers can be converted into immediate cash to better manage and expand your business. Some of the more common industries that rely on accounts receivable funding to maintain a steady flow of cash include:

Personnel/temporary agencies Trucking companies Caterers and Commercial bakeries Commercial printers Manufacturers Importers and Wholesalers Apparel / Garment / Textile Business-to-Business Invoicing Business-to-Government Invoicing

How do we qualify for Factoring and get funded?

A simple process (much easier than a loan) involving an analysis of your situation/configuration and some due-diligence by the funding source can get you CASH in just a few days!