Factoring for Consumer Receivables
Expand your corporation while continuing to extend generous credit terms to customers. Consumer factoring programs put money into your account immediately instead of waiting months or years for collection. Send factoring companies your seasoned portfolios and written-off accounts and they’ll advance the funds you need to take on more and bigger clients. The quick cash comes with other benefits as well such as back office support. Consumer receivables factoring services are customized to your industry and sales volume.
The additional capital you receive through factoring consumer receivables can go toward growing other aspects of your organization. Invest money in marketing your new product lines or take advantage of early pay discounts with vendors. Factoring companies will also handle the collections and billings, so you can focus on more important things—like running your business.
Factor companies offer superior expertise combined with advanced technology and account reporting measures. Monitor your account, portfolio, and global reports on our secure website.
Consumer Receivables Factoring Decisions Based on Flexible Guidelines
Typical consumer factoring programs range from $500 to $5,000 with 6- to 36-month terms. Interest rates should be 18% or higher. Consumer installment contracts are available for A, B, or C Credits.
Consumer Receivables Factoring for A Variety of Industries
Home Security Services
Resorts & Timeshares
Additional Consumer Financing Options - Unsecured Business Loans
Consumer receivable factoring is ideal for companies billing clients on contract terms. If your business is struggling with cash flow thanks to slow-paying consumers who are not under contract, or seeking a one-time cash infusion, Factor Finders can help get you funded with an unsecured business loan. Since unsecured business loans require no collateral and no personal guarantees, they are a risk-free cash flow financing option. Not to mention, no liens or UCC’s are filed with unsecured loans.
Get the working capital you need without the risk. If you’ve been in business for at least one year and generate a minimum of $100,000 in annual revenue, we can get you funded in as little as 24 hours. Contact us to get started!