Factoring Companies for Distributors
Featured factoring companies
Distribution and re-seller factoring
Distributors, wholesalers and re-sellers of all types sell product on 30 to 60 days terms so cash flow gets tight when you have to pay your employees, suppliers and overhead before getting paid from your customers. Invoice factoring allows you to get paid up-front once you’ve delivered your product and invoiced your customer.
Receivables factoring improves your cash flow because you don’t have to wait 30, 45 or 60+ days to collect your receivables. You get the cash quicker so you can pay your suppliers, employees and other operating expenses.
You get to enjoy the many administrative benefits of receivables factoring such as customer credit checks, receivables collections, and accounting. You can reduce your business overhead costs to offset your factoring costs.
Many factoring companies offer excellent terms such as no term contracts, no monthly minimums, no application fees, and little or no cancellation fees. Determine a factoring rate structure that fits your accounts receivable terms.
Factoring companies can approve your factoring application within several business days. Often, you can get your first funding within 5 to 10 days, making invoice factoring a quick and easy process.
- Food service
- Food & beverage
- Industrial products
- Building materials
- Promotional products
- Consumer electronics
- Gases & welding
- Power transmissions
Invoice financing is easy as 1-2-3
Accounts receivable financing
Cash flow Solution
Accounts receivable financing virtually eliminates your collection days and speeds up cash flow to operate your business.
Your factoring company handles all the accounts receivable functions including collections, accounting and reporting.
Business Credit Services
Factoring companies analyze your customers’ credit scores and monitor credit limits to protect you from bad debt losses.
No Loans Or debt
Accounts receivable financing doesn’t involve risky loans or debt and doesn’t require you to make loan repayments.
Quick And Easy
Invoice financing is available within 5 to 10 business days and doesn’t require historical financials or spotless credit.
Peace of mind
Receivables factoring provides business stability and allows you to focus on operating your business rather than handling cash flow problems.