 |
 |
Commercial Loan |
| Commercial Loans Overview |
| Commercial Real Estate |
| Factoring |
| Equipment Leasing |
| Commercial Loans FAQ |
| Contact Us |
| Home |
Factoring
Factoring is a form of asset-based lending that combines:- credit protection and advice;
- accounts receivable bookkeeping including EDI invoice and payment processing;
- collections, cash management and lockbox processing;
- receivables financing.
It can help companies of all sizes from startups to mature companies improve cash flow, eliminate bad debts, reduce operating expenses, expand working capital financing and improve management information. Factoring also provides added financial flexibility so that your company can pursue opportunities as they arise.
Capabilities of a factor, or financial partner, include:
|
• Extending credit • Invoicing sales • Posting receivables • Cash advances |
• Collecting receivables • Applying cash • Remitting collected funds • Financial reporting |
For FAQs on factoring, click here
