Ohio Factoring Companies

Ohio Factoring Companies

Compare factoring companies in Ohio. Each FactoringClub listing has descriptions, terms, credit facilities, featured services and more.

Promotional CapitalBridging Factor is a Cleveland, Ohio factoring company.

Promotional Capital LLC

3659 Green Road, Beachwood, OH
$0 - $500,000
Promotional Capital is a Cleveland factoring company founded by a 35 year veteran entrepreneur in the promotional products and marketing industry.
US Financial is a Columbus, Ohio factoring company.

US Financial Companies, LLC

3001 Bethel Rd, Columbus, OH, United States
$0 - $50,000,000
US Financial is a Columbus, Ohio factoring company that has been helping businesses with invoice financing and receivables factoring since 1998.

Ohio Invoice Factoring

The growing popularity of invoice factoring offers Cleveland and Columbus, Ohio businesses an alternative to traditional bank loans. Invoice factoring has many advantages for small businesses:

  • Immediate and improved cash flow.
  • Cash flow that grows with your business.
  • Greater opportunities for expansion and growth.
  • Reduced overhead costs by eliminating accounts receivables.
  • Flexibility without the restrictions of bank financing.

Businesses choose accounts receivable financing because it’s easy and quick. A traditional business loan or line of credit requires excellent credit and several years of profitable credit history. Only businesses that already have good cash flow and profitability usually qualify for bank financing. Ohio factoring companies work with startups and small businesses. Factoring companies in both Cleveland and Columbus provide factoring services for staffing agencies, trucking and freight companies, construction contractors, manufacturers and distributors. Choosing a factoring company requires research. Factoring Club is your best source of information to find the right factoring company.

Work with an Ohio Factoring Company

  • Accounts Receivable Factoring Step One

    Provide Goods or Services to Your Customer

    Deliver your product or complete your service for your customer.

  • Accounts Receivable Factoring Step Two

    Send Your Invoices to Your Factoring Company

    Send your fresh invoices to your factoring company.

  • Accounts Receivable Factoring Step Three

    Get Funded Immediately

    Your factoring company buys your invoices and wires you 80% to 95% of the invoices within 24 to 48 hours.

  • Accounts Receivable Factoring Step Four

    Receive Final Payment

    Your factoring company collects the receivables from your customer and remits the remaining invoice amount less fees to you.

Ohio Businesses benefit from Invoice Financing

Improved Cash Flow

Eliminating your receivables days outstanding significantly speeds up your cash flow.

Receivables Management

All the accounts receivable functions including accounting, collections and reporting are usually done by the factoring company.

Credit Services

Factoring companies typically analyze the credit scores and suggested credit limits for your customers.

No Debt or Loan Payments

Invoice factoring prevents you from incurring risky debt or hassling with loan repayments.

Easy to Qualify

Invoice factoring doesn’t required a history of profitability, spotless credit or a long application process.

Peace of Mind

Stable cash flow gives you the comfort and peace of mind to enjoy running your business.

FactoringClub Resources

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