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Salt Lake City Area
Factoring

Best Factoring Companies in the Salt Lake City Area
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Tetra Capital

Club Rating
 5/5

Club Rating

 5/5

The FactoringClub rating (“Club Rating”) is independently scored by FactoringClub, based on information provided by our sponsors. The Club Rating is a composite score from 1 to 5 that is calculated based on standard contract terms including startup fees, contract length, minimum fees and invoice selectivity. The rating also reflects our sponsors’ level of communication, responsiveness and integrity with FactoringClub.

Sponsors, if you have a question or concern about your company’s Club Rating, please contact FactoringClub at 866-748-7111.

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801-676-0182
Draper
•
Utah
Best factoring companies award logo
  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No cancellation fee
  • No minimum fee
  • No startup fee
  • Online reporting
  • Select invoice factoring
Industries we serve
Trucking
Credit lines
$10,000 — 
$1,000,000
Request a quote

Summit Financial Resources

Club Rating
 3/5

Club Rating

 5/5

The FactoringClub rating (“Club Rating”) is independently scored by FactoringClub, based on information provided by our sponsors. The Club Rating is a composite score from 1 to 5 that is calculated based on standard contract terms including startup fees, contract length, minimum fees and invoice selectivity. The rating also reflects our sponsors’ level of communication, responsiveness and integrity with FactoringClub.

Sponsors, if you have a question or concern about your company’s Club Rating, please contact FactoringClub at 866-748-7111.

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801-474-9006
Salt Lake City
•
Utah
  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • Non-recourse factoring
  • Online reporting
  • Select invoice factoring
Industries we serve
Business services• Manufacturing• Oil and gas• Staffing• Trucking
Credit lines
$100,000 — 
$4,000,000
Request a quote

Affiliated Funding Corporation

Club Rating
 2/5

Club Rating

 5/5

The FactoringClub rating (“Club Rating”) is independently scored by FactoringClub, based on information provided by our sponsors. The Club Rating is a composite score from 1 to 5 that is calculated based on standard contract terms including startup fees, contract length, minimum fees and invoice selectivity. The rating also reflects our sponsors’ level of communication, responsiveness and integrity with FactoringClub.

Sponsors, if you have a question or concern about your company’s Club Rating, please contact FactoringClub at 866-748-7111.

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801-733-7565
Salt Lake City
•
Utah
  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No minimum fee
  • Non-recourse factoring
  • Online reporting
  • Select invoice factoring
Industries we serve
Business services• Manufacturing• Staffing
Credit lines
$50,000 — 
$5,000,000
Request a quote

AmeriTrust

Club Rating
 3/5

Club Rating

 5/5

The FactoringClub rating (“Club Rating”) is independently scored by FactoringClub, based on information provided by our sponsors. The Club Rating is a composite score from 1 to 5 that is calculated based on standard contract terms including startup fees, contract length, minimum fees and invoice selectivity. The rating also reflects our sponsors’ level of communication, responsiveness and integrity with FactoringClub.

Sponsors, if you have a question or concern about your company’s Club Rating, please contact FactoringClub at 866-748-7111.

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385-243-6343
Bountiful
•
Utah
  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No minimum fee
  • No startup fee
  • Non-recourse factoring
  • Online reporting
  • QuickBooks integration
  • Select invoice factoring
Industries we serve
Trucking
Credit lines
$10,000 — 
$100,000
Request a quote

TAB Bank

Club Rating
 2/5

Club Rating

 5/5

The FactoringClub rating (“Club Rating”) is independently scored by FactoringClub, based on information provided by our sponsors. The Club Rating is a composite score from 1 to 5 that is calculated based on standard contract terms including startup fees, contract length, minimum fees and invoice selectivity. The rating also reflects our sponsors’ level of communication, responsiveness and integrity with FactoringClub.

Sponsors, if you have a question or concern about your company’s Club Rating, please contact FactoringClub at 866-748-7111.

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888-440-4541
Ogden
•
Utah
  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No cancellation fee
  • No minimum fee
  • No startup fee
  • Online reporting
  • QuickBooks integration
  • Select invoice factoring
  • Single invoice factoring
Industries we serve
Business services• Manufacturing• Oil and gas• Staffing• Trucking
Credit lines
$10,000 — 
$10,000,000
Request a quote
Learn more about...

Receivables factoring in the Salt Lake City area

The Salt Lake City metropolitan area consists of the two counties Salt Lake and Tooele. The area has a population of more than 1 million people. Salt Lake City is known as the “Crossroads of the West” because it’s located equally between Los Angeles, San Francisco, Denver, Phoenix and Seattle.

Since Utah allows commercially owned industrial banks (banks with limited scope), Salt Lake City is the biggest industrial banking center in the country. Industrial banks include UBS, CIT, Merrill Lynch, and Fidelity Investments. Many large corporations such as GE, GMAC, Wal-Mart and Target have industrial banks chartered here.

Salt Lake area businesses use receivables factoring as an alternative source of financing when traditional bank financing is not an option. Invoice factoring converts your invoices into cash immediately after you’ve billed your customer. Your factoring company purchases your invoices, sends you cash, and collects your receivables.

Because of its strategic location as a hub in the western U.S., the area has a large number of freight factoring companies including Tetra Capital, AmeriTrust and TAB Bank. Factoring companies that serve other industries include Summit Financial and Affiliated Funding, which has been providing factoring services since 1994.

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