Factoring
Enhance your cash flow management with our diverse Factoring Solutions. Tailored to accelerate your receivables turnover, our services ensure you have the liquidity to operate and grow based on money your business has already earned.
Basics
What is Factoring?
Factoring is a financial service where businesses sell their invoices or purchase orders to a third-party entity (a factor) to receive immediate cash. This solution is ideal for managing and improving cash flow, allowing businesses to maintain steady operations and growth without waiting for payment terms to conclude.
Types
Loan Varieties
Invoice Factoring
Purchase Order Factoring
Secure advance funding based on confirmed purchase orders, allowing you to fulfill large orders without impacting your cash reserves.
Contract Factoring
Convert your long-term contract receivables into immediate cash, ensuring consistent cash flow throughout the duration of a contract.
Non-Recourse vs Recourse Factoring
Choose Non-Recourse Factoring to avoid the risk of uncollectible accounts, as the factor assumes the credit risk.
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150+
Lenders in our network
$500M
In available funds
24HRS
Fastest Close
Fit
Is Factoring right for your business?
Assess if factoring is a strategic fit for your business with these considerations:
01
Immediate cash inflow
02
No need to leverage collateral
03
Not debt; it’s an advance
04
Focus more on business growth
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Benefits
Reduces the time to receive cash from billables
Improves liquidity
Empowers you to extend favorable payment terms
Mitigate customer failure to pay with Non-Recourse options
Challenges
Fees can reduce overall profit
Approval is based on your customer’s creditworthiness
Risk of increased fees or total repayment if clients extend beyond contractual terms or fail to pay
Not suitable for all industries
