Colorado Invoice Factoring
Because Colorado is evenly located between the eastern and western portions of the country, it’s a major warehousing and distribution center. Colorado’s top industries such as aerospace, trucking and information technology utilize the services of Colorado factoring companies when traditional bank financing is not an option.
Immediate Cash
Accounts receivable financing speeds-up your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. You can pay your suppliers, employees and other expenses.
Alternative Financing
Bank financing is difficult for small businesses because they don’t have 2 to 3 years of financials or a solid credit history. However, Colorado factoring companies focus more on your customers’ credit.
Business Partner
When you partner with a Colorado factoring company, you help your small business improve its cash flow without incurring debt or loan payments. You also get accounts receivable management and credit services.
Fast Approval
Colorado factoring companies provide quick and easy application approval, often within 1 or 2 days. Initial cash funding occurs within 5 to 10 business days, while bank financing is several months.
