New York City Invoice Factoring
New York City is a world leader in many industries including commerce, finance, fashion and technology. Exports are a huge industry. Because of Wall Street, New York City may be the most economically powerful city and leading financial center of the world. Many Fortune 500 corporations are headquartered in NYC, as well as a large number of foreign corporations.
Immediate Cash
Factoring companies buy your invoices and send you immediate payment. You don’t have to wait to collect your receivables from your customers. The factoring company also handles collections and receivables management.
Alternative Financing
Invoice factoring is an attractive option to bank financing for small businesses. Rather than sinking into debt and making loan payments, invoice factoring provides a steady stream of cash flow as you need it.
Industries Served
Factoring companies in New York City provide factoring services to most commercial industries including staffing agencies, freight and trucking companies, construction contractors and international trades.
Fast Approval
Rather than waiting weeks or months for a bank loan approval, you can obtain invoice factoring in a matter of days. Many businesses can get the initial funding is available within 5 to 10 days.
