Invoice Discounting

Invoice discounting is a flexible and efficient process that involves selling your accounts receivable to a financing company at a discount. Invoice discounting or factoring is available for most industries and can boost growth and even out irregular sales patterns. In the United States, the process of invoice discounting always refers to the collateralizing of accounts receivable with notification to the customer, although it may differ in Europe.

Factor Finders focuses on financing transactions to organizations based on a simple credit analysis as opposed to complicated financials. Invoice discounting finance allows organizations to draw as much or as little cash as needed on accounts receivable.

Other forms of financing known as “Non-Notification Factoring” or “Confidential Factoring” are similar but include stricter terms. Non-notification factoring implies the factoring company uses a hands-off approach with collecting on invoices, while also imposing guidelines similar to banks. Factor Finders will consider “Non-Notification Factoring” in special circumstances.

Request Invoice Discounting with no obligation (855-FACTOR-1)

Factoring rates as low as 1.59% (*subject to change monthly)

Qualifying for Invoice Discounting Finance

Corporations that sell products or services to commercial accounts on credit terms can apply for factoring and invoice discounting so long as they own invoices not pledged to another lender. We partner with many different types of clients:

• Companies needing to purchase materials and supplies due to unprecedented growth, but lacking the credit strength necessary for increased bank credit lines
• Start-up companies lacking financial stability
• Companies who frequently experience seasonal or uneven sales patterns
• Businesses with poor credit that leaves them ineligible for traditional financing

Factoring and Invoice Discounting Available for Numerous Industries

Factor Finders finances the following key industries and is regularly expanding:

Factoring for Manufacturers and Distributors

Technology importers, electronics, automotive parts distributors, packaging companies, and other businesses that sell to credit worthy customers can receive initial funding within 3 to 5 business days. We do not charge up-front fees or analyze financials.

Freight Factoring for Trucking and Transportation Companies

All transportation companies can access quick cash. We back Long Haul – LTL and Truck load, Local Delivery companies, Freight Brokers, Air Freight carriers and Hazardous Hauling companies.

Factoring for Temporary Staffing Firms

Small start-up operations along with established corporations should consider gaining access to funds to grow their companies. Staffing establishments for professional, office services, and manufacturing industries can maximize their payroll funding in 3 to 5 business days with no up-front fees

Factoring for Medical/Healthcare Staffing Agencies

Factor Finders has the expertise to quickly collect from hospitals, nursing homes, physical therapy centers, and other facilities. We know it is difficult for Medical Staffing agencies to obtain bank loans and acquire enough working capital as they strive to provide feasible solutions.

Factoring Service Providers

Factor Finders will work with enterprises in any industry. The process takes less than one week with future payments reaching your account in 24 hours.

Factoring Medical Receivables for Healthcare Providers

Healthcare providers can receive immediate cash for billing third-party vendors (such as commercial insurance companies, HMOs, Blue Cross-Blue Shield, Medicare and Medicaid) through a process called medical receivable funding. This process differs from commercial accounts billing. Clients include:

• Nursing homes
• Laboratories
• Physical therapy centers
• Practice physicians
• Ambulance companies
• Hospitals

Factoring for Government Contracts

Government contracts often cause cash flow problems as operating capital is used to complete big contracts, but payment is agreed upon on 30 to 60 day terms. This could create problems as you receive potential contracts but lack the working capital to fulfill them. Let Factor Finders be your business ally by advancing you 75 to 90 percent on the value of your invoices. Our account executives specialize in government assignments and assessing the value of government contracts.

Don’t waste time with loan committees at traditional banks.

Secure factoring and invoice discounting with Factor Finders now.

 Invoice Discounting Benefits Apply Across Every Industry:

• Accounts are set up in 3 to 5 business days.
• No up-front fees or complicated financials are required.
• Advanced payments are made within 24 hours.
• Invoice and credit facility fees are not required.
• Customers with prior bankruptcy issues, no credit, or bad credit can qualify.