Industries We Factor
Factor Finders, LLC, understands every industry faces challenges when it comes to generating working capital during times of growth. Our financing solutions help organizations overcome these challenges everyday. Based out of Ohio, we advance funds to businesses in a variety of industries including temporary staffing, trucking and freight, medical receivables, construction, and manufacturing. With our factoring services, organizations in these industries are able to expand and take their companies to the next level.
Armored Service Financing
Armored service companies in the United States, Canada, and the United Kingdom with limited monthly sales volumes to $10 million should start factoring with Factor Finders. The approximately 700 start-up and medium-sized armored service organizations in theUnited Statescan factor their receivables despite a lack of financial track record or credit strength. About 45% of these companies earn more than $1 billion annually.
Staffing Factoring
Start-ups and fast-growing temporary staffing firms can tap into unlimited funding for payroll and other operating expenses. We service professional companies (information technology, healthcare, etc.), office teams (administrative assistants, doctor’s office assistants, etc.), and manufacturers (assembly, machine operators, electronics assembly). In addition to factoring, we also offer back office support for collections and processing invoices.
Clothing Textile
New and established designers can pay distributors through Factor Finders accounts receivable factoring! We understand the difficulties textile importers and exporters face with collecting on invoices and can offer import/export textile factoring to assist. Our financing solutions help textile companies convert their receivables into cash and improve liquidity.
Engineering Firms
Engineering firms impact every aspect of our daily lives as they design products, machinery, bridges, and roads. Despite their significant contributions, engineering firms continue to achieve only satisfactory sales earnings. A lack of raw materials, quality control, and high material costs prevent high profit margins. Start-up and growing engineering firms can use Factor Finders’ financial solutions to expand.
Trucking and Freight Factoring
Need a steady cash flow to haul more loads? Apply for freight factoring and receive a funding decision within 24 hours. Our rates are the lowest in the trucking industry and we service companies ranging from one-truck owner-operators to large freight corporations. This extra working capital will enable you to haul more loads and select reliable freight brokers.
Biochemical Technology Financing
Factor Finders offers accounts receivable funding for any biochemical technology industry. We assess a company’s accounts receivable, assign value, and advance cash. Funding decisions are based on the credit worthiness of a corporation’s customers. Young biochemical firms are often conducting important, life-saving research without an established financial track record. We provide a steady cash flow, enabling organizations to continue offering generous terms.
Equipment Leasing
Factor Finders’ equipment leasing services help businesses increase working capital and sustain long-term growth. Equipment leasing offers many benefits. Firms gain the ability to purchase equipment through rental payments while no debt is added to the balance sheet. Customers can budget for the item overtime and avoid purchasing out of their price range or constraining too much cash at once.
Medical Factoring
Medical receivable factoring creates an efficient system of financial management that puts the focus back on your patients. We evaluate your billings to third-party payers and advance cash based on their value. Our experienced staff processes funding for a network of healthcare providers including sole and group practice physicians, hospitals, home healthcare companies, nursing homes, physical therapy companies, and medical equipment providers. This financing is perfect for young and growing companies looking for a method for covering payroll, new acquisitions, and expansion.
Construction Factoring
Want more working capital and cash management guidance to meet your long-term business goals? Our contractor invoice funding program generates cash quickly, allowing you to pay suppliers early to negotiate discounts. An agent manages cash flow for your account, including incoming payments from customers, payroll, and payments to subcontractors and suppliers. Take on more contracts and cultivate sustainable growth by leveraging the credit strength of your customers.
Manufacturing Factoring
Don’t leave valuable working capital tied up in accounts receivable! Since receivables can outnumber tangible assets for manufacturing organizations, use them to create business growth with accounts receivable financing. Our financing solutions create working capital to cover payroll, daily expenses, and inventory costs. We fund manufactures with no credit, bad credit, and start-ups needing initial funding.
Distributor Factoring
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.
Service Providers Factoring
Service providers of all industry types that offer credit terms to customers qualify for accounts receivable financing. Credit lines are limited for service-oriented businesses with limited tangible assets, but Factor Finders offers a hassle-free funding process.
Accounts Receivable Export/Import Factoring
U.S.-based companies can compete globally by using export trade finance services through Factor Finders. U.S. exporters need financing options to avoid loss of sale to global competitors. Export trade finance ensures smooth deals between exporters and manufactures and quick company growth.
Consumer and Retail Installment Contract Financing
Factor Finders understands the importance of receiving payments quickly instead of in months or years. We can fund your sales and advance you the cash needed to keep growing. We can completely manage your receivables which lowers your overhead costs. Our support and accounts receivable services are customized to meet your needs.
Satellite Dish Installers
Satellite Dish Installers often deal with slow paying customers and run short on cash as a result. Factor Finders understands the industry’s billing methods and our account managers use specific strategies for communicating with customers. All types of installation industries are eligible for factoring. Installers must simply extend credit on financially responsible commercial accounts and own the resulting invoices.
Supplemental Educational Services
Factor Finders regularly funds the supplemental educational services industry and understands its specific invoicing procedures. We evaluate your invoices and advance you 80% to 90% of their value within 24 hours. Providers use this cash to operate their businesses, pay employees, and invest in marketing.
Factoring Government Contract Invoices
Cash flow shortages often occur when large government contracts comprise the majority of your business. These customers pay on 30 or 60 day terms, making it difficult to take on additional customers and even fulfill existing contracts. Factor Finders’ account executives have expertise in assigning the financial rights to government contracts known as “Assignment of Claims.” You can better manage your business by converting invoices into unlimited credit lines.
Accounts Receivable Factoring for the Agriculture and Produce Industry
Factor Finders is one of the only factoring companies to master industry standards for funding agriculture receivables. We fund growers, shippers, brokers, and processors. Our account representatives are well-versed on produce packing requirements and can help guide you in business decisions. We have valuable insight into the personnel, processes, challenges, and opportunities that propel your business growth.
At Factor Finders, we offer our factoring services to a variety of industries. Take a look at the list of industries we factor for above. This list will be continually updated, so check back frequently. Please complete the form to the right if you don't see your industry below, and we might be able to serve you!
Oil and Gas Industry
Factor Finders offers sustainable solutions for the oil and gas industry. The simple process of collateralizing your accounts receivable creates working capital for an entrepreneur to sustain or grow his enterprise. Any firm that extends credit to customers within the industry can qualify to get cash against their accounts receivable.
When faced with slow paying customers, business leaders may pursue loans. However, owners do not need to go into debt to continue daily operations. A more viable solution exits for directors with outstanding accounts receivable. These invoices can be used as collateral to secure a credit line.
Auto Glass Industry
Auto glass installers can access large credit lines based on the fiscal strength of their customers. As businesses grow throughout various cycles, they can sell more invoices to Factor Finders for quick cash. Factor Finders supports auto glass installers by offering cash advances of 80 to 90 percent based on invoice values.
Cable and Telecommunications Finance
Factor Finders has worked with major cable and telecommunication installers for many years and can ensure a smooth funding process. Our account managers have expertise in analyzing the payment methods of major conglomerates such as Cox Communications, Comcast, Time Warner and Mastec to determine an invoice value and advance you cash.
Fast-growing organizations typically scramble for cash to cover payroll, take on new jobs, and get inventory discounts. Factor Finders is committed to supporting your business and fueling its growth. Enterprises with no credit, bankruptcy, or tax liens issues can qualify for our Commercial Construction A/R/ financing programs.
- Factoring Countries:
- America
- Canada
- United Kingdom
