What is Receivables Factoring?
Defined simply, factoring is the advance payment to a supplier for a receivable due from a customer. Many Fortune 500 companies use accounts receivable factoring. This type of financing is suitable for many businesses – large or small. If you find that your business is growing faster than receivables are being paid or if you have a “cash crunch” or an unexpectedly large order to fill, we can help with our factoring services. It’s easy! You can qualify for factor financing regardless of your credit history. Our credit decisions are based on your customer’s credit rating and their ability to pay your invoices.
