Factoring for Tennessee Businesses
Look no further — Factor Finders can help!
Whether you’re seeking a factoring company in Nashville, Chattanooga, Memphis, or anywhere else in Tennessee, we can help you get the working capital you need through invoice factoring.
As long as you have qualifying receivables, Factor Finders can help you turn them into cash by matching you with Tennessee factoring companies that will purchase those unpaid invoices for instant cash flow.
The bank loan process is cumbersome, because regulations require a lengthy process, including a detailed credit check and assessment of possible collateral, such as machinery and equipment. The approval process may take weeks, or even months. If the bank approves you, you still might be short on funding.
How an Invoice Factoring Company Can Help Your Business Thrive
A factoring company in TN will buy your open invoices at a discount. A cash advance is immediately deposited into your account. Factors bill your customers at the terms to which they have agreed. After they pay your factoring company in full, the invoice factoring company will return the discounted amount to you minus a small factoring fee.
Benefits of Invoice Factoring in TN
- Approval process takes only 3 to 5 business days
- Cash in your account in 24 hours or less
- Approval is based on the credit of your customers; therefore, no credit checks are conducted on your business
- No interest/loans to repay
- No hidden fees
- Simple application process
We are unique because we learn about your business first, and then we match you with a factoring company in Nashville, Memphis, or elsewhere in Tennessee that we believe best suits your TN-based business. Because we work with a large global network of factoring specialists, we provide you with decades of experience. Working with factor finders enables you to tap into all that experience.
Call Us Today to Get Started!
We'd love to talk more about your factoring needs! 855-322-8671
Factoring Industries in Tennessee
Tennessee factoring serves a multitude of industries and small businesses of all shapes and sizes. Don’t see your industry listed below? Check out our full list here or give us a call — we’ll be more than happy to help find someone who will work with you!