Distributors Factoring
Factor Finders partners with distributors to resolve working capital shortages. We offer distributors factoring services and Letters of Credit to boost your organization’s growth. Your existing invoices serve as collateral, and our funding decisions are based on the credit worthiness of your customers.
Receive financing rates as low as 1.59%
Distributors Factoring Programs
When working with Factor Finders, you can look forward to a speedy application process followed by initial funding in about 5 business days. Ongoing fundings happen within 24 hours. Instead of analyzing your financial history, we check your customer’s credit rating.
No up-front fees or monthly minimums are required. Your receivable credit lines can range from $5,000 to $10 million.
Speedy Application Process for Factoring Distributors Receivables
Here’s what’s required:
- A brief application
- A current receivables aging report
- Current list of customers
- Copy of Articles of Incorporation, Articles of Organization or DBA filing
- Signed factoring agreement
- Invoices to factor
Call us at 1 855-322-8671 for More Details on our Distributors Factoring Program
Who Benefits from Factoring Distributors Receivables?
Our distributor clients are able to overcome cash shortages by factoring their invoices. Clients that benefit the most:
- Have slow-paying customers
- Do not qualify for bank loans due to short sales histories
- Have sales that peak at certain times of year
- Have bad credit
- Have lost their traditional financing due to covenant violations
Distributors Can Access Cash Quickly
Distributors and resellers who generously extend credit terms to customers should utilize Factor Finders’ services to receive immediate cash flow. The increase in working capital will allow you to take on larger contracts, capitalize on early pay discounts with suppliers, and save through buying materials in bulk.
We Offer other Financial Services to Distributors, Importers, and Resellers:
- Purchase Order Financing: Factor Finders can create even more operating capital by releasing funds tied up in deposits or letters of credit.
- Asset Based Financing: Maximize your borrowing capacity by collateralizing accounts receivable and inventory.
- Government Contract Receivables Financing: Take on bigger contracts by receiving advanced payment on large contract.
- Factoring Countries:
- America
- Canada
- United Kingdom
