BUSINESS FUNDING

It is no secret that for many years, banks have not provided a friendly credit environment for small to mid-size businesses. If you are experiencing difficulties in obtaining a Traditional Bank Loan, Non-Recourse Invoice Factoring is a great solution. By using your Accounts Receivables, the money owed to you by your customers, you can receive immediate funding every time you invoice your customer. By not waiting for 30-75 days to rec, you will increase your cash flow and can meet your working capital needs. You can have the money for growth, payroll, suppliers, and overhead.

What Small Business Funding Challenges Do We Work With?

  • Startups
  • Turnarounds
  • Companies whose bank is not renewing their credit line
  • Those companies whose bank won’t increase their credit line
  • Companies with SBA loans. We can offer financing in addition to your SBA loan.
  • Companies with Tax Liens or past due taxes
  • Bankruptcies

With Ipply Global Companies, working with undercapitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get undercapitalized companies the funds they need quickly. If you have a young business and you deal with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are undercapitalized.

Who it Benefits

Imagine the great things your company could accomplish if cash flow wasn’t an issue! You could be more aggressive going after new business. Also, you could offer better credit terms to drive sales. You could hire the right new people. When you’re liquid, you have the power to invest in possibilities. Just as importantly, you have the financial strength to weather the occasional storms that come your way. This is what the Ipply Global Companies means for your company.

We simply delivers the revenue you are owed; the money you have already earned 30-75 days sooner! Our factoring solutions solve your cash flow problems immediately without digging you deeper into debt. From Accounts Receivable Financing to Purchase Order Funding to Invoice Factoring, we help you turn business IOU into working capital. Out-of-pocket expenses are inevitable and you can’t afford to wait 30-75 days for income to energize your business. Paragon grows, secures and strengthens your business with guaranteed cash flow right away. We research your client’s credit history and offer you credit protection. We manage your outstanding invoices.

Ipply Global Companies Helps Companies With

Growth Opportunities
Growth Opportunities

Growth Opportunities

The Benefits of Non-Recourse Invoice Factoring for Business Growth Opportunities

The Benefits of Non-Recourse Invoice Factoring for Business Growth

Growth is the primary goal of any young business owner. When and if those growth opportunities arise, do you have the resources in place to move forward? Most young companies lack the capital reserves and may be turning down those opportunities. You may currently have a line of credit with a bank, but is it enough? With our invoice financing and purchase order financing programs, Paragon can help. Chances are unless you’re a seasoned business with a proven track record and good corporate credit, banks won’t talk to you. With a lot of small to medium size companies, their only viable asset can be the account receivables they currently have outstanding. Having that kind of a balance sheet, it’s difficult to find the funds necessary to grow your business. With Ipply Global Companies, working with growing companies is what we do. Either through invoice factoring or purchase order financing programs, we can inject your business with the fresh capital it needs to break through the stagnant barrier and advance you into that next stage of growth. If you work with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are undercapitalized. Our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only non-recourse invoice factoring programs but also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees. This is great for small to larger companies across a wide variety of industries throughout the United States. Plus, we have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Startups
Startups

Start-Ups

Start up Financing

Get B2B or B2G financing for your start-up company

How do Startups obtain Financing?

At Ipply Global Companies, working with startup companies is what we do. More then 5 years ago Ipply Global Companies was a startup and we understand the unique challenges entrepreneurs face on a daily basis. The majority of entrepreneurs begin their business venture with little to no cash reserve.  Not that they intended to start that way, but because they ran into unexpected costly hurdles.  These unforeseen expenses place tremendous force on your ability to operate efficiently enough to stay ahead of your competition. For many startup companies, getting a bank loan isn’t an option when their only viable asset is their open account receivables outstanding or a PO from a Fortune 1000 company or government entity. Bank’s credit guidelines are strict. In fact, in 2016 only 23% of small business loans were approved compared to over 60% of alternative lenders according to Biz2Credit Small Business Lending Index. Chances are unless you are a seasoned business with a proven track record and good corporate credit, SBA loans at a traditional bank won’t grant you a credit line. With a thin balance sheet, it’s difficult to find the funds necessary to thrive in your competitive industry. Many start-ups are able to procure government contracts that need finance. Paragon has a robust contract financing group for start-ups.

What are the Options for Start-up Financing?

With our A/R Invoice Factoring and Purchase Order Financing programs, we provide new companies with a lifeline of fresh, safe capital to stay on the front line of your industry. If you work with creditworthy customers we can advance you up to 90% of your current outstanding invoices. We will happily wait the 45-60+ days for your creditworthy customers to pay. No longer will you have to turn down big contracts or large orders because you are under-capitalized.

What Other Funding Programs Do You Offer for Start-ups?

We offer not only invoice factoring and PO purchasing programs, but we also provide:
  • Payroll Funding
  • Government Contract Financing
  • Letters of Credit
  • Supplier Guarantees for small to large companies across a wide variety of industries throughout the United States.
We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of your invoices and confirm them with our friendly, professional verification process.

What are the Benefits of Factoring for Startups?

  • Available, affordable & effective funding options
  • Factoring is not a loan
  • Take on bigger orders
  • Factoring with Paragon includes A/R Management
  • You can leverage our fulfillment and logistics expertise
  • Credit protection against bankruptcy through Non Recourse Factoring
  • Cash in your hands in as little as 24 hours
  • Up to 90% advanced on your Invoices
  • Pre-approve your client’s credit
Working Capital Needs
Working Capital Needs

Working Capital Needs

How to get working capital for your small business

How to get working capital for your small business

Having a sufficient working capital and a steady flow of cash is something most business owner deal with weekly. Growing companies with slow paying customers is a bad combination for cash flow. Payroll must be met and now orders must be filled. With our invoice factoring and purchase order financing programs, we can get you the working capital you need to grow your business. Chances are unless you’re a seasoned business with a proven track record and good corporate credit, banks will be hard pressed to get you the money you need. As with many young companies, the only viable asset is the account receivables they currently have outstanding. With Ipply Global Companies, providing a steady flow of working capital is what we do. Either through invoice factoring or purchase order financing programs, we can provide you with a lifeline of fresh capital to stay on the front line of your industry. If you work with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. Our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer invoice factoring programs. Additionally, we provide payroll funding, purchase order financing, and government contract financing. This also includes letters of credit and supplier guarantees. All these funding programs are for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process. Setting this up can take as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Payroll Funding
Payroll Funding

Payroll Funding

What is Payroll Funding?

Payroll financing allows a company to sell its invoices to get immediate cash to fulfill its payroll needs. Payroll funding works by providing capital to pay employees or temporary staff before its client pays that company. Giving companies the ability to meet payroll requirements on a weekly basis.
Payroll Funding, Payroll Financing

Reasons to Use Payroll Funding Solutions for Small Business

What are the Benefits of Payroll Financing?

Recruiting and retaining the talented staff is one of the top challenges a business face. However, irregular payments to staff will drive them away from a firm. Timely payments to employees are the prerequisite to keep employees happy and satisfied. With payroll financing, a startup staffing company can sell their invoices to a factoring company and receive weekly advances to pay temporary employees. Same is true for any small business and startup; invoice factoring provides the company with immediate funds to cover payroll, pay for business expenses, and grow. Transactions are fairly simple. Once the startup staffing company sets up a financing account with the payroll funding company, they submit an invoice along with a copy of the time cards (detailing due dates for payments). Once they have the invoices, the payroll finance company advances up to 90% of the invoices and deposits the funds in the bank account of the staffing company. The funds can then be used to cover payroll. Ipply Global Companies has been providing advanced payroll funding to IT, telecom, staffing companies, security guard, and other service companies.

How does Payroll Funding Work?

  1. The staffing company delivers and invoices for services.
  2. Staffing company sells their accounts receivables to a payroll funding company to keep the cash flow and meet payroll.
  3. The payroll finance company advances up to 90% of the invoice or invoices which can then be used to cover payroll.
  4. Once your customers pay in full, the payroll funding company settles the transaction by depositing the remaining balance of the invoice, less a small fee, into your company bank account.

How Fast is the Money Available for Payroll Funding?

The Release of Payroll Funding would depend on the Factor. At Ipply Global Companies, we offer true same-day 100% Payroll Funding.

What is the Cost of Payroll Funding?

We offers the discount fee as low as .51% based on the sales volume, the credit quality of the end customer and how quickly they will pay the invoices. Generally, the cost of funding varies between .55% – 2.5% per month.

What Are The Advantages of Payroll Funding with Paragon Financial?

  • No cash flow issues: Payroll financing would ensure that there is always consistent cash inflow. You do not need to worry about how to meet weekly and fortnightly payroll.
  • Same day payroll funding Paragon offers true same-day 100% Payroll Funding. Once an account is established and we receive a fax or an electronically generated copy of the invoice with any backup documentation by 10-11am, funds will typically be wired to your account by 4 pm that day. As promised we can send you funds within 24 hours of your application.
  • Competitive rate structure: At Paragon we can also offer a rate of 1% a month. A market discount rate is between .55% to 2.5% per month
  • No hidden charges: There are no hidden charges involved. We have been in business for a long time and can offer you the best advice for finance related solutions.
  • Choice of best payroll processor: Many factoring companies may want the staffing company to place their payroll processing with them. However, Paragon allows the staffing companies to choose the best payroll processor for their industry and expertly handles the funding of payroll.
  • Best customer service: Paragon has been in business for more than two decades. We have built a reputation by offering the best customer service possible. All our executives expertly handle funding procedures.
  • Enables you to grow your business: With lesser worries at hand, a company can concentrate to take up a new project/orders. Payroll funding gives them the confidence to hire new staff to fulfill new client orders and not lose your talented human resource due to lack of funds.
  • Easy to obtain: Payroll funding, through factoring invoices, are easy to get. Bank loans application is a lengthy and complicated process. Small business and startup benefit most from this as most of the times they are unable to meet all requirement for a bank loan and gets stuck due to lack of funds. With factoring services, you only need creditworthy clients.
  • Does not add debt to your balance sheet: Bank loan adds debt to your balance sheet and always appear as a liability. Instead, it is a sale of your assets (receivables). Hence, it is debt-free financing. This structure is lucrative to the large companies for funding.
  • Allows you to offer competitive terms to the clients: Commercial clients like to pay in 30-60 days. It becomes hard to accept this norm as a startup or small business because you have employees to pay every week or 15 days. However, with payroll funding through invoice factoring, you can offer this competitive term to your clients. It allows you to add more clients to your business.
  • Flexible: Your financing option grows as you grow. As you get new orders, you can get more funding through factoring. As long as you add creditworthy clients to your business, you can be confident not to face any cash flow problems.
  • Opens the way to conventional financing solution: Many companies have found factoring to be a stepping stone to transit to a more cost-effective financing resource like ‘Line of Credit.’ Factoring allows you to build a track record to qualify for an alternative financing option.No long-term contracts: There are no long-term contracts compared to other funding options.
  • Quick cash: Unlike other financial solutions invoice factoring is a quick fix. Paragon offers same day 100% payroll financing.

Which Industries Can Use Payroll Funding?

All industries use payroll, allowing any industry to use payroll funding. Any business that extends credit or expects payment in return for providing goods or services qualifies as a possible client. Ipply Global Companies offers invoice factoring payroll funding to:
  • Small businesses
  • Start-ups
  • Non-bankable companies
  • Staffing companies
  • Janitorial
  • Healthcare staffing
  • IT staffing
  • Security guard company
  • Retail
  • Utilities
  • Financial Services
  • Government
  • Education, and
  • Commercial

How Can I Qualify For The Payroll Financing?

You can qualify for the Payroll Financing by following these steps:
  1. Contact Ipply Global Companies and share which invoices you would like to factor.
  2. A credit check on those clients to ascertain their credit-worthiness.
  3. We will be able to confirm their approval within a few minutes or hours.
  4. Fax or send an electronically generated copy of the invoice with any backup documentation.
  5. We then assigns an account executive to you as a single point of contact.
  6. Then we credit the percentage of the invoice value. We offers up to 90% of the invoice value on the same day through wire transfer.

What are Additional Benefits of Payroll Funding Without Overhead Cost:

  • Evaluation of the creditworthiness of customers before granting or extending the credit.
  • You save money on the overhead cost of keeping accounts receivable or billing personnel.
  • Relieve yourself of having computer backups, or the security of data in place related to Accounts Receivable.
  • Save your valuable time, which otherwise is consumed in printing and mailing statements to your customers.
  • Enhance and Improve collection practices and monitoring of receivables.
  • Allows you to have centralized processing of payments with lock-box services.
  • Eliminates the need to send employees to the bank to make deposits.
We have built its reputation by offering the best customer service possible. This coupled with our competitive rate structure has helped Paragon become one of the premiere factors. If you sell a product or provide a service for creditworthy customers, there is no need to wait 30-90 days to get paid. We can advance funds to you the same day you invoice your customer and follow through on those invoices. Aside from that, we’ll also verify acceptance, do credit approvals, collections and enhance your ability to operate your small business without worrying about working capital, payroll, or past due obligations. Get great rates and no minimums for payroll funding for your small businesses, staffing companies, healthcare staffing, IT staffing, or security guard company. Payroll loans for small business can be difficult to acquire. You need a Payroll Financing Solution from a dedicated payroll funding company.
Slow Paying Customers
Slow Paying Customers

Slow Paying Customers

A solution to slow paying customers

A solution to slow paying customers

Nothing can put a cramp in your cash flow quite like slow paying customers. Trying to run your business productively in a growth phase without the available funds can be difficult. With our invoice factoring and purchase order financing programs, Ipply Global Companies can get you the funds you need quickly. Chances are unless you are a seasoned business with a proven track record and good corporate credit, banks won’t talk to you. As with many young companies, the only viable asset is the account receivables they currently have outstanding. With that kind of a balance sheet, it’s difficult to find the funds necessary to take on new business. With Ipply Global Companies, providing a steady flow of working capital is what we do. Either through invoice factoring or purchase order financing programs, we can provide you a lifeline of fresh capital to stay on the front-line of your industry. If you work with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 30-75+ days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. We will also Credit Protect you through our Non Recourse Invoice Factoring Program. Ipply Global Companies has provided working capital solutions for growing companies for over 25 years. Our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Government Suppliers
Government Suppliers

Government Suppliers

Government Contract Financing

The Benefits of Government Contract Financing

Government contract financing can be a very effective way for companies to fund the operational costs associated with doing business with the Federal government. Every year, the U.S. government assigns contracts to private businesses throughout the United States. They are available for both small and large businesses. While it can be a great feeling to close a government contract deal, it can also be quite expensive to complete assigned jobs. Some companies will struggle to cover the operational costs of a particular project and still fund other projects and jobs. A major cash crunch can occur which can paralyze the company. There may not be enough to pay personnel and also cover expenses. One way for a company to get the cash that they need is to sell their government contract invoices to a factoring company.
We offer a Financial Capability Certification Program.  This program provides customers with contingent financing commitments so that they can demonstrate to U.S. Government contracting officers that they possess the financial wherewithal to execute on contract awards. This results in our customers winning more, and larger, contract awards.
After a company has finished a government contract job, they will prepare and send an invoice. The government may not pay right away. In fact, it could take 1-2 months before they send payment. In the meantime, the company will be out of the money that went towards operational expenses to complete the job. Without any income directly from this job, the company could be cash poor. For a large company with a good deal of income, this may be a bit inconvenient but it won’t put their company at risk or cause them to be unable to fulfill other commitments or jobs. However, for smaller businesses, having to wait 1-2 months to get paid for an expensive job, this could effectively shut down their operations. This makes it impossible to generate any other additional income. Government contract factoring gives them a way to get the money they need to sustain their business.

Government Contract Financing

This type of factoring sells the invoice of completed government contract jobs. A company would be effectively selling incoming monies. The factor, or the company that buys the government contract invoice, will be responsible for collecting the money. This might involve them sending the government written correspondence or calling them over the phone. The invoice is always sold at a discounted rate. For example, a seller may require that the factor funds them 90% of the amount billed on an invoice. Once the factor is able to collect all of the money, they will give the remaining, in this case, 10% back to the seller. However, the seller won’t see all of this because the factor typically charges a few points to cover their services. A company that has won and completed a government contract may be willing to sell the invoice for the job in order to get the cash needed to continue fulfilling the contract. If a company needs money after a completed government contract and can’t wait 30-60 days to receive payment, they may be willing to sell the invoice to a factoring company in order to get money right away.
Bank Turndowns
Bank Turndowns

Bank Turn-Downs

an alternative medium during bank

How to get financing when the bank turns your business down

It is no secret that for many years, banks have not provided a friendly credit environment for small to mid-size businesses. If you are experiencing difficulties in obtaining a Traditional Bank Loan, Non-Recourse Invoice Factoring is a great solution. By using your Accounts Receivables, the money owed to you by your customers, you can receive immediate funding every time you invoice your customer. By not waiting for 30-75 days to rec, you will increase your cash flow and can meet your working capital needs. You can have the money for growth, payroll, suppliers, and overhead.

What Small Business Funding Challenges Do We Work With?

  • Startups
  • Turnarounds
  • Companies whose bank is not renewing their credit line
  • Those companies whose bank won’t increase their credit line
  • Companies with SBA loans. We can offer financing in addition to your SBA loan.
  • Companies with Tax Liens or past due taxes
  • Bankruptcies
With Ipply Global Companies, working with under-capitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get under-capitalized companies the funds they need quickly. If you have a young business and you deal with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. Ipply Global Companies has provided working capital solutions for under-capitalized companies, our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Maxed-Out Line of Credit
Maxed-Out Line of Credit

Maxed-Out Lines of Credit

"<yoastmark Growing businesses often find that their current borrowing arrangements with their bank are not meeting their needs. Banks look at your past history and balance sheet which doesn’t always reflect the true potential of a company. Due to a tight credit environment, banks have strict credit limits that they often are unable to increase to meet the demands of a growing company. With factoring, we can help support your growth since we don’t concentrate on your balance sheet. By using your accounts receivable invoices, we can provide immediate funding each time you invoice your customer. Our credit limits are based on your customer’s ability to pay, not yours. If you have an SBA loan, we can work with them to provide additional funding. If you have a bank loan, we may be able to complement it with our funding or replace your bank.

We fund:

  • Companies whose bank won’t increase their credit line.

  • Companies with SBA loans. We can offer to finance in addition to your SBA loan.

  • Fast Growing companies.

  • Companies whose balance sheets don’t represent their true potential.

With Ipply Global Companies, working with under-capitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get under-capitalized companies the funds they need quickly. If you have a young business and you deal with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. Ipply Global Companies provides working capital solutions for under-capitalized companies, our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Operating Losses
Operating Losses

Operating Losses

How to get funding when experiencing operating losses

How to get funding when experiencing operating losses

Often times, a company’s financial statements doesn’t represent its true potential or an accurate picture. Growing companies often sustain losses or have temporary setbacks. That’s where we can help. We don’t concentrate on your financials. Our credit decisions are based on your customer’s ability to pay, not yours. We’re able to grow with you. By factoring your accounts receivable invoices, you can receive immediate cash. The revenue flows directly to you without having to wait to be paid. You will increase your cash flow and can meet your working capital needs. Money for growth, payroll, supplier payments, and overhead. Guaranteed cash flow so your business can thrive. We Fund:
  • Companies who may be experiencing operating losses.
  • Those Companies who may have fallen out of covenant with their bank line of credit.
  • Companies whose bank won’t increase their credit line.
With Ipply Global Companies, working with under-capitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get under-capitalized companies the funds they need quickly. If you have a young business and you deal with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. We provide working capital solutions for under-capitalized companies, our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.

To Get Start

CALL 1-877-694-1840

Turnarounds
Turnarounds

Turn Arounds

Financing for Turn Arounds
How to get financing for turnarounds
In today’s economy, many companies are in a turnaround situation due to decreased sales, banks not renewing their credit facility, falling behind on liabilities, or facing bankruptcy. We work with numerous turnaround consultants as well as directly with companies that can benefit from factoring their accounts receivable. Our credit decisions are based on your customer’s ability to pay, not yours. By factoring your accounts receivable invoices, you can receive immediate cash. The revenue flows directly to you without having to wait to be paid. You will increase your cash flow and can meet your working capital needs. Money for growth, payroll, supplier payments, and overhead. Guaranteed cash flow to help with your turnaround so your business can thrive again.

What Type of Turn-Around Business Situations do we Fund?

  • Companies who may be experiencing operating losses.
  • Those who may have fallen out of covenant with their bank line of credit.
  • Those companies who have filed for Chapter 11 bankruptcy/debtors in possession.
  • Companies whose bank won’t increase their credit line.
  • Businesses with tax liens.
With Ipply Global Companies, working with under-capitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get under-capitalized companies the funds they need quickly. If you have a young business and you deal with creditworthy customers we can advance you up to 90% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized. Our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.

To Get Started

CALL 1-877-694-1840

Undercapitalized Companies
Undercapitalized Companies
High Customer Concentrations
High Customer Concentrations
IRS Issues & Tax Liens
IRS Issues & Tax Liens
Seasonal Businesses
Seasonal Businesses
Needing Vendor Guarantees
Needing Vendor Guarantees

Factoring is a flexible financial solution that can help your business be more competitive while improving your cash flow, credit rating, and supplier discounts. Unlike traditional bank financing, invoice factoring relies on the financial strength and creditworthiness of your customers, not you. You can use factoring services as much as you want or as little as you want. There are no obligations, no minimums, and no maximums.
Manufacturers face a problem – suppliers need to be paid to deliver supplies to continue manufacturing, but when goods are sent to the wholesaler or the company making the order, the invoice raised may not be paid for a long period. Finding the liquidity to continue to pay suppliers allows certain manufacturers to grow and prosper – those who can’t find it may go out of business even if they run a successful operation. Manufacturer receivables factoring allows raised invoices for goods delivered to be discounted and cashed, providing the cash to pay suppliers for more raw supplies. The operation becomes more fluid and the risk of facing cash flow problems disappears. Many successful manufacturers have used factoring to help fund their growth and provide a smoother cash flow situation.
The basic problem faced with recruitment agencies, especially temp agencies, is that they pay their temp staff on a weekly basis from their balance sheet, but don’t receive payment from their contracts regularly – this shortfall in cash flow must be addressed in some manner, and invoice factoring fits the bill perfectly. Factoring is a service that a very large percentage of the recruitment industry uses.
The exporter ships the goods to the importer. The exporter assigns his invoices through the export factor to the import factor who assumes the credit risk. The export factor prepays invoices. The importer pays the proceeds to the Import factor, which transfers the amount to the export factor. The export factor deducts prepayment already made, other charges and pays the balance proceeds to the exporter. Import factoring is a financial service that enables you to purchase goods from your overseas supplier.
Successful trucking companies rely on dependable cash flow. You need your invoices paid right away for fuel, trucking maintenance, repairs, and insurance. We advance you cash as fast as you can produce invoices from credit-approved customers. We can provide you with consistent cash flow.

More Industries we Factor

CALL 1-877-694-1840 or APPLY NOW!