Finance Against Receivables
Factor Your Receivables to Increase Cash Available
If you are a business owner, you likely have an asset you can turn into easy cash: your accounts receivable. Through invoice factoring, your growing business can free up its cash quickly for reinvestment in the next shipment. Of course, if you increase your accounts receivable turnover speed, you also increase your profits.
It works like this: a funder will step in and release funds, usually about 80% of the invoice, to you the day you invoice your customer for delivered product. The remaining funds will be available to you, less fees, when the funder collects the money. You get most of your capital back without waiting the month or more for your customer to pay.
Factoring in North America
Receivables finance, or factoring, can easily be arranged in the United States and Canada. Our business factor partners will finance receivables portfolios as little as $25,000 per month, as large as millions of dollars.
We can save you valuable time in arranging finance by assessing your particular needs and bringing the right partner in to complete the deal.
There are many industries where factoring can help you manage your cash needs effectively. These include:
If you can invoice it, you can probably factor it.
Factoring in Central and South America
For our remaining clients in the western hemisphere, invoice factoring may be possible against invoices to your customers in the United States and Canada, and, as you will see below, invoices to international business customers if the portfolio is $500,000 or more ongoing.
We work closely with a finance partner skilled in factoring invoices almost everywhere in the world. As a result, we can offer invoice finance capabilities to businesses in North and South America, Asia, Europe and Australia.
Our international capability allows us to serve companies that have cross-border sales and complex overseas transactions. Under this program, your business will receive an advance of up to 85% of the accounts receivable (A/R) value, with eligibility up to 180 days. Facilities range from a minimum of USD 500,000 to as much as USD 15 million. Further, we can consider international receivables from any country except those prohibited by US law.
How to Apply
The Ultimate Trading Experience
If you are outside North America, we'll begin by setting up a conference call with our global finance partner. No muss, no laborious forms.....yet. Just the simple, basic information.
If you are in the United States or Canada, again, just give us some basics, at first. Then, we can help you take the next step.