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:
No
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 of Coral Capital Solutions
Einat Steklov
President
212-219-0159

General Information:

Year Founded:
2008
No. Employees:
2-10
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