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Receivables factoring in California
California’s economy is the largest in the United States with its biggest sectors in trade, science, agriculture and technology. California has a plethora of excellent factoring companies. With factoring companies in Los Angeles, San Diego and the Silicon Valley areas, accounts receivable factoring is great, especially if you don’t qualify for bank financing. With invoice factoring, you get cash in as soon as 3 to 5 business days
Accounts receivable financing improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. It eliminates the collection time and improves your cash flow at the same time.
Simple and fast
Virtually any B2B industry can utilize invoice factoring. Just send your invoices to a California factoring company and you’ll normally get cash within 24 hours, saving you time and trouble dealing with receivables.
Working with a California factoring company is ideal for trucking companies. Freight bill factoring can help your company pay your truck drivers before you get paid by your shippers so you can take on more loads.
California factoring companies will give you the cash flow to grow your business and succeed. Often, you can get your first funding within 5 to 10 days, making invoice factoring quick and easy.