Coral Capital is a New York City factoring company.

Coral Capital Solutions

Coral Capital Solutions is a commercial finance company in New York City that provides working capital to small and mid-size businesses mainly through accounts receivable factoring and purchase order financing. We also provide asset based loans against receivables and inventory.

Our accounts receivable financing provides business owners, CEOs and CFOs with predictable cash flow and assists in a fast conversion of invoices into cash. We purchase accounts receivable (invoices) and immediately advance a significant portion of their face value to you.

Coral Capital provides these invoice factoring benefits:

Factoring facilities up to $15 million
Non-recourse factoring
Online portal with 24/7 access
Not required to factor all invoices

Coral Capital Solutions is well capitalized, using our own equity to get you funded quickly - from commitment to funding.

Industries Served:

Featured Services:

24 Hour Funding:

Yes

Collection Services:

Yes

Credit Services:

Yes

Digital Invoice Processing:

Yes

Online Reporting:

Yes

Non-recourse Factoring:

Yes

Terms of Service:

Application and Start-up Fees:

varies according to transaction structure

Contract Length:

Typically 2 years

Cancellation Fee:

Payment of minimum commitment of term

Monthly Minimum:

We typically have clients commit to a quarterly or monthly minimum amount of factored receivables that best matches their business cycles and financing needs.

Factor All Invoices:

Reserve Availability:

Immediately when available per the factoring agreement terms

Additional Fees:

Wire Fees Bank Charges There are no per invoice minimum fees/charges There are no collateral management or maintenance fees There is no split between Factoring fee and Advance Fee, we have just one fee

Einat Steklov

President

212-219-0159

General Information:

Year Founded:

2008

No. Employees:

2-10

Visit Website link here

Associations:

CFA

Address:

275 Madison Avenue, New York, NY

Financial Information:

Minimum Credit Facility ($):

500,000

Maximum Credit Facility ($):

15,000,000

Advance Rate (%):

80%

Other Types of Financing:

PO Financing, Contract Finance, Asset Based Lending

275 Madison Avenue, New York, NY