Factoring Industry

Factoring is a quick and flexible form of financing which substantially improves a company's cash flow.

Many companies get into a cash bind by extending credit to their customers for 30 days while having to immediately fund certain costs, particularly payroll. This problem only gets worse as sales grow. With factoring, your invoices are used as collateral for a short-term loan which provides you immediate cash with which to meet these expenses.

There are several advantages to factoring.

•Maximizes the cash available to you: Factoring provides more cash than traditional bank lines of credit.
•No arbitrary line of credit amount
You borrow based on your sales activity so you are automatically set up to finance your growth.
•Cash Flow is more predictable
In addition to speeding up your cash flow, factoring also makes it easier to manage your cash since your invoicing is more predictable than when customer payments will be received.
•Flexibility with your financing
You have the flexibility of how much you want to factor and for how long.
•Improved credit evaluation
Factoring companies occasionally provide credit reports and expertise in helping to assess new customers or changes to existing ones.

	Factoring (Account Receivables) Industry
Quick Survey Have you used a factoring company before ?Yes No How do you rank in your search for a Factoring company? (1,2,..n) Service Rates Fees Advance Amt What is the target amount you see in Funding<500K 500-2M 2-10M >10M (The results are shared with our members anonymously. To find out more on this, please click here) Other Industry Spotlights Asset Based Lending Logistics - Freight Forwarding Distribution - Electronics Parts Factoring - Account Receivables Funding Manufacturing HealthCare
	Factoring is a quick and flexible form of financing which substantially improves a company's cash flow. Many companies get into a cash bind by extending credit to their customers for 30 days while having to immediately fund certain costs, particularly payroll. This problem only gets worse as sales grow. With factoring, your invoices are used as collateral for a short-term loan which provides you immediate cash with which to meet these expenses. There are several advantages to factoring. •Maximizes the cash available to you: Factoring provides more cash than traditional bank lines of credit. •No arbitrary line of credit amount You borrow based on your sales activity so you are automatically set up to finance your growth. •Cash Flow is more predictable In addition to speeding up your cash flow, factoring also makes it easier to manage your cash since your invoicing is more predictable than when customer payments will be received. •Flexibility with your financing You have the flexibility of how much you want to factor and for how long. •Improved credit evaluation Factoring companies occasionally provide credit reports and expertise in helping to assess new customers or changes to existing ones.	AlliantPro Members Transportation Factoring SevenOaks Capital J.O.B.E Services General Factoring Prestige Capital Platinum Funding Amegy Bank