WHAT IS FACTORING FOR BUSINESSES?
Get the Funds You Need – Now!
When your business is in need of funds for any purpose, there are a number of ways to go about it. One simple way is to work with a factoring company, who can help take advance payments from your customers and turn it into money your business can use. Factoring (also known as accounts receivable financing) is not a loan and you do not incur a debt. It is actually a simple transaction which helps you liquidate your customer's credit and not your own.
Factoring allows you to gain the finances you need to:
- Fund operating expenses
- Fund payroll
- Fund expansion or growth
- Purchase inventory
Our national financing company offers this services to small and medium-sized businesses across the country. If you would like to speak with one of our financial professionals and receive additional information, please call us now at 201-963-9185!