Small Business Factoring

Business invoice factoring offers satisfying benefits over traditional lending institutions. Factor Finders does not require documentation of financials or debt-to-income ratios. More options and flexibility exist for corporations to grow. Best of all, your customers’ financial strength influences financing decisions as opposed to your own credit history.

Factor Finders will also provide business factoring services to organizations with an existing line of credit by using future receivables to pay off the loan or by negotiating subordination of receivables with the bank.

Small Business Factoring Happens within Days

Factor Finders analyzes your customers’ (account debtors) financial strength and makes quick decisions with other tangible benefits:

• Decisions take 3 to 5 business days.
• Minimal paperwork is required.
• Very little underwriting is necessary.
• Funds are available within days of applying.

Collect Cash on Receivables

Accounts receivable can be collateralized for business invoice factoring. This process, also known as business financial factoring, uses invoices as collateral instead of requiring tangible assets. Firms do not add debt to their balance sheet through business financial factoring and maintain complete control over the volume and value of invoices pledged.

Small Business Factoring Steadies Sales Patterns

Small- and medium-sized businesses desiring to build a stronger financial foundation or steady sales should consider business invoice factoring. Qualifying is easy:

• Businesses must extend credit terms to customers (account debtors).
• Account debtors should have proven credit strength.
• Financing beyond traditional loans or credit lines is needed to meet operating expenses.

Small Business Factoring by Industry

Factor Finders specializes in collateralizing receivables for all industries that provide services or deliver products on credit terms. The service must be completed and invoice accepted by the account debtor.