Invoice factoring in Louisiana
Canít afford to wait up to 60 days to get paid by your clients? Are you offering payment terms to your customers and need the money sooner? We can help you. Our invoice factoring program allows you to turn your invoices into immediate cash, providing the funds you need to pay suppliers and other business expenses. We offer invoice factoring services in Louisiana and can provide you with the business financing that your company needs.
Factoring rates as low as 1.5%. Advances as high as 85%
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Questions? (866) 7301922. Toll free in Louisiana.
Financing for companies in the service, wholesale, oilfield services, janitorial, and manufacturing sectors that are located in Louisiana.
Funding for trucking carriers and freight brokerages.
This product provides the necessary funds to pay your suppliers and deliver on your orders.
Financing for small and medium sized trade companies that sell goods and services to customers outside the US and Canada.
Financing for subcontractors in the construction industry.
Funding for businesses that supply services and products to Louisiana state agencies and to the federal government.
Funding for companies that provide guards for commercial, industrial and government sites.
Funding for staffing employment in the business and medical fields.
Factoring for new businesses, small office/home office (SOHO), consultants, independent professionals or any business with less than $250,000 in revenues.
Specialized program for healthcare practitioners and medical providers that bill private insurance companies, Medicare and Medicaid.
What is invoice factoring?
Factoring financing is a tool that allows companies to sell their invoices to a factoring company in exchange for immediate funds. This improves cash flow and provides the funds to pay for company expenses. It enables growing businesses to leverage their strongest asset - their invoices form strong credit worthy clients.
The plan is simple to use and integrates well into most businesses:
- You deliver your product or service
- You create an invoice and sent it to the factoring company and to your client
- You get an immediate advance of 70% to 90% of your invoice
- The factoring company gets paid by your client 30 to 90 days later
- You get a second installment (the remaining 10% to 30%), less a small fee
Factoring companies have and advantage over other business financing solutions, such as business loans. It is easy to qualify for, can be setup in days and more importantly, it has no set limits. Your receivable factoring line is based solely on the size and quality of your accounts receivable.
Looking for additional information?
Are you researching factoring or PO financing? These articles may help:
- Factoring resource Center
- PO Financing Resource Center
- Freight Bill Factoring Resource Center
Questions? Call (866) 730 1922. Toll free in Louisiana. We offer plans in the USA and Canada.