Startup Factoring
Factoring for startups. We provide funding options to startup companies that have been operating for at least 6 months and have eligible receivables they would like to sell. Our funding options include invoice and receivables factoring, purchase order finance (1-year operating history and 3-months trading history with supplier) to ACH business loans (4-month bank accounts required), these are solutions that provide the needed capital to startup businesses even if they have been operating for less than one year.
We factor in most industries including staffing trucking transportation food service fashion apparel distribution manufacturing, wholesale, and others.
Accounts receivable factoring provides the capital startups need to cover operating expenses including payroll without having to wait up to 90 days to receive payment from their customers on open invoices.
Factoring can offer a business better cash flow management. It can help a company focus on other aspects of the business from product quality, customer service, and growth, plus peace of mind knowing that factoring in their open invoices should provide positive cash flow on a constant basis. Accounts receivable factoring can further help companies increase sales by providing credit to their customers, 30 to 90 days can make a big difference when competing for contracts. Let the factoring company do what it best, assuring that your cash flow continues uninterrupted by providing constant funding on your eligible accounts receivables.