Our customers tell us that our combination
of low rates and exceptional service makes
us the best choice for factoring services.
Quick Continuous Cash Yes!
And You Also Get Our
Credit Risk Expertise
at No Additional Fee
Accurately assessing credit risk is really the essential part of our factoring business.
Few, if any, business clients
can perform this function as
objectively as we will.
For no additional fee, we act as your credit
department for new and existing customers.
This provides you with a huge advantage over
in-house performance of these functions.
Consider the scenario where a
salesperson has a new account with a potential for large purchases.
The salesperson wants the business-so much so that he or she may overlook red flags
associated with credit
The salesperson may even walk the
account through your own internal credit checking procedures, in order to side step established controls.
While this may get you the sale, it won't get the money, and with no money, there is no sale.
This will not happen with
us. We make credit decisions with full knowledge of the new customer's
We will not buy the invoices of a poorly-rated customer and risk nonpayment.
But don't look upon our participation
as a tightening of credit to the extent that your business will be affected in a way that is beyond your control.
If you have a new customer with questionable creditworthiness, the decision to do business with that person is still yours.
(However, we will reserve the right to say "I told you so!")
We may not buy those invoices, but you are still free to extend credit terms as you see fit.
You remain in control
Whatever decisions are made, you can be assured that, because of the factor's participation,you will be making
decisions and extending credit based on more complete, objective and higher quality information than you have in the past.
We will fully research
new clients and, equally important,we will routinely check
the credit ratings of your existing customers.
This contrasts greatly with most businesses,
where routine credit updates are seldom run on the established customer base. This is potentially a huge mistake.
When a business does opt to do a credit check,it is usually too late and the problem is already out of hand.
On the other hand, we will inform you
immediately if there is a change in the credit status of one of your existing customers.
In addition to the specific
information that we provide, you will have the
benefits of comprehensive, detailed reports on your accounts receivables as a whole.
As a part of the process you will receive accounting, transactional details, aging reports and financial management reports that allow you to incorporate this data into your own sales tracking, account history and in-depth analysis
We have more than 70 years of successful
cash flow and credit management experience we would love to put to work for you.
We are a nationwide company offering
factoring programs the others can't
because of our unique funding capabilities.
The others are restricted by their banks on
what kind of factoring programs they can offer.
We are not restricted!
We have been providing factoring services nationwide for decades and have clients
in hundreds of industries
When you become our client you will
be served by our staff that has an average of 11 years factoring industry experience per account executive.
(Well above the factoring industry norm!)
You will have one dedicated person and his or
her assistant who will handle your account.
Unlike the others, you don't have to
start over each time you call with a new person
Unlike other factoring companies, our program includes the following features at no additional charge:
• 12-24 hour funding on approved invoices
• Highest advance rates in the industry
• Credit analysis on new and existing customers
• Continuous collection management and follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
• We allow you to electronically submit Invoices
• Free credit checking on new customers at no additional cost
flexibility allows you to maintain control:
• You select accounts you prefer to factor on an invoice by invoice basis.
• You control total factoring costs by only factoring on an "as needed" basis.
Up to 97% Advance Rates:
Advance rates are based on overall risk associated with a particular industry as well as experience and track record. We hold reserve accounts to accommodate industries which typically experience dilution and that we would otherwise not be able to service. Advance rates range from 80% to 97% of the gross invoice amount.
Fees are determined based on your industry, the credit worthiness of your customers, how quickly your invoices turn, and monthly factoring volume.
GET YOUR CASH TODAY
Call our factoring specialists at
Email Us or
ONLINE REQUEST FORM
Top 50 Cities for Truck Factoring
New York, New York (pop 8,084,316)