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FirstLine Funding Group

1108 Washington Ave S., Madison, SD 57042
FirstLine Funding Group is a South Dakota factoring company.
FirstLine Funding Group
1108 Washington Ave S., Madison, SD 57042
Madison
•
South Dakota
Year founded:
2009
No. employees:
51+
Associations:
IFA, SFNet, Women in Trucking, Trucking Associations in SD, MN, OH, KY, NACM

Financial products

Financial products:
  • Asset based lending
  • Equipment financing
  • Invoice factoring
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Minimum factoring amount:
$10,000
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Maximum factoring amount:
$3,000,000
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Industries served

Business services• Manufacturing• Oil and gas• Trucking

Featured services

  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No minimum fee
  • Online reporting
  • QuickBooks integration
  • Select invoice factoring

Freight features

  • Freight broker factoring
  • Fuel advances
  • Fuel cards

Standard terms

Start-up fee:
$0 - $200
Contract term:
1 year
Advance rates:
90-100%
Minimum volume fees:
No
Additional fees:
Wire transfer fees, Invoice processing fees
Available reserves:
Bi-weekly

About FirstLine Funding Group

FirstLine Funding Group (FFG) is the accounts receivable financing division of First Bank & Trust in Sioux Falls, South Dakota. FFG has 85 employees with over 50 years of combined experience in the factoring industry. We serve most industries including manufacturing, government, oil and gas, staffing and transportation, with clients in almost every state across the country. In addition to traditional invoice factoring, FFG also offers asset-based lending and equipment financing.

FFG services accounts of any size and carefully evaluates your situation to determine the best financing program for your needs. We advance up to 100% of your invoice with rates as low as 1.00% and no hidden fees. We have a quick and simple account setup process. You simply apply online and upon acceptance, we’ll electronically deposit the funds into your bank account.

Our transportation factoring clients enjoy additional benefits such as fuel cards, fuel advances, and liability and cargo insurance. FFG provides a free credit check service so that you can be assured that you’re hauling for reputable and creditworthy companies. FFG also offers its factoring services to freight brokers. We handle both the accounts receivable and accounts payable duties for brokers and provide several payment options for brokers’ carriers.

FirstLine Funding provides these invoice factoring benefits:

  • Simple online application with a quick turnaround.
  • Same day funding available.
  • Advance up to 100% of your invoice with fees as low as 1.00%.
  • Online account access 24/7.

FFG’s mission is to provide you with affordable access to operating cash while serving you with attentiveness and efficiency. Our services free you to focus on the demands of your business and our simple setup process gets you the cash you need.

1108 Washington Ave S., Madison, SD 57042
1108 Washington Ave S., Madison, SD 57042
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Chris Doberstein
Business Development Associate

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