Bridging Factor is a Toronto, Ontario factoring company.

BridgingFactor

BridgingFactor is a Toronto factoring company with unequaled expertise in invoice financing and lending. We provide flexible factoring solutions that give you immediate cash for your accounts receivables. You spend less time collecting your receivables and more time planning for future growth. Our areas of expertise include transportation, manufacturing, recruitment, staffing, wholesale and distribution. We help start-ups, high-growth businesses, as well as transitional-stage companies. Our services are available to nearly any business that invoices or extends credit to their customers. We can tailor a solution to meet your needs.

Our team of professionals has years of experience; we know what it's like to be in business. Our credit team is local, so you'll have access to decision makers, who can make fast decisions in every situation. In addition to invoice factoring, we also provide purchase order and inventory financing, as well as term financing secured by machinery, equipment and real estate. We're your one stop resource for all of your working capital needs.

BridgingFactor offers these invoice factoring benefits:

  • No contracts
  • No minimum terms
  • No hidden fees
  • You choose invoices to factor

We provide a premier service that is backed by our terms and conditions. Other factoring companies talk about service, yet we deliver. You have the freedom to discontinue our factoring services without notice and without incurring early termination fees. You'll never find any hidden charges or extra fees. You choose which invoices and how much you need to factor. We strive to earn your business every day - whether it's for bill factoring, accounts receivable factoring, or a working capital loan.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
Yes
Non-recourse Factoring:
No

Terms of Service:

Application and Start-up Fees:
Set-up fees start at $1,500
Contract Length:
No minimum term
Cancellation Fee:
No cancellation fee
Monthly Minimum:
No monthly minimums
Factor All Invoices:
No - you can pick and choose which invoices you wish to factor.
Reserve Availability:
At your request
Additional Fees:
No additional fees
Michael Wong of BridgingFactor
Michael Wong
Business Development Manager
416-644-6444

General Information:

Year Founded:
2012
No. Employees:
11-50
Associations:
IFA, ACG
Address:
2020 Winston Park Drive, Oakville, ON, Canada
Other Office Locations:
Toronto, ON

Financial Information:

Minimum Credit Facility ($):
50,000
Maximum Credit Facility ($):
10,000,000
Advance Rate (%):
85-90%
2020 Winston Park Drive, Oakville, ON, Canada