Summar Financial

2299 SW 27th Avenue, Miami, FL
Summar is a Miami, FL factoring company.
EJ Ortiz of Summar Financial
EJ Ortiz
Business Development Officer

Summar Financial is a Miami-based invoice factoring company that provides domestic and international factoring. We work with small and medium sized businesses with annual sales between $500k and $30 million.

Our domestic factoring program is for companies inside the US with customers in the United States, Canada or Puerto Rico. Our international factoring program is for companies in Central and South America whose customers are in the United States, Canada, Puerto Rico and some countries in Europe.

Summar provides these invoice factoring benefits:

  • Funding in 24 to 48 hours
  • High advance rates
  • No application fees
  • No term contracts, no cancellation fees
  • No monthly minimums

With Summar on your side, you have a financial partner that can act as your entire accounts receivable department. We partner with you to fund and manage your account receivables so you can focus on other areas of your business.

Industries Served:

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
Yes
Online reporting:
Yes
Invoice software integration:
Yes

Terms of Service:

Contract length:
No contract, 30 day cancellation policy.
Application and start-up fees:
None
Monthly minimum:
No
Factor all invoices:
No
Reserve availability:
As soon as your invoice has been settled with your customer.
Cancellation fee:
None
Additional fees:
Credit check fees, Wire transfer fees, Registration/Doc Fee

General Information

786-566-3002
Year founded:
2004
No. employees:
11-50
Associations:
IFA
Address:
2299 SW 27th Avenue, Miami, FL
Other office locations:

Financial Information

Minimum credit facility ($):
50,000
Maximum credit facility ($):
3,000,000
Advance rate (%):
80-92%
Other types of financing:
Contact
786-566-3002

2299 SW 27th Avenue, Miami, FL

2299 SW 27th Avenue, Miami, FL

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