Invoice Factoring - New Jersey

Invoice Factoring Group

Is your business offering payment terms and cannot afford to wait up to 60 days to get paid by its clients? Most large clients will often insist that you give them payment terms as a condition of doing business with you. This puts small companies against a wall because most don't have the financial wherewithal to offer terms. One way to solve this problem is to use business funding to complement your existing capital, enabling you to offer terms with confidence. And the best funding solution for this type of scenario is factoring financing. We offer factoring in New Jersey and can provide you with a competitive plan.

Factoring rates as low as 1.5%. Advances as high as 85%
Get an instant quote!
Questions? (866) 7301922. Toll free in New Jersey.

Program alternatives:

Business Services

Business Services Companies, Distributors and Manufacturers

Financing for businesses in the service,distribution, oilfield services, janitorial, and manufacturing sectors that are located in New Jersey.

Freight financing

Transportation

Financing product for trucking companies, transportation intermediaries and freight brokerages.

PO financing

PO Funding

Financing for product resellers and importers.

Export Finance

Export and Trade

Funding for small and medium sized trade companies that sell goods and services to customers outside the US and Canada.

Construction Factoring

Construction Subcontractors

Financing for subcontractors in the construction industry.

Government Contractors

Government Suppliers

Funding for businesses that supply services and products to New Jersey state agencies and to the federal government.

Security Companies

Security Service Companies

Funding for companies that provide guards for commercial, industrial and government sites.

Staffing Agencies

Temporary Staffing

Funding solution for staffing and employment services in the business and medical fields.

small business factoring

Small Businesses

Factoring for new businesses, small office/home office (SOHO), consultants, independent professionals or any business with less than $250,000 in revenues.

Medical Factoring

Medical Factoring Financing

Specialized program for healthcare practitioners and medical providers that bill private insurance companies, Medicare and Medicaid.

How does our solution work?

Factoring allows companies to sell their invoices to a factoring company in exchange for immediate funds. It eliminates the usual 30 to 90 days wait to get paid by customers, and provides you with immediate funds to meet important expenses. Invoice factoring financing enables growing companies to capitalize their strongest asset - their receivables form credit worthy customers.

Our solution can be implemented quickly and works as follows:

  1. You deliver your product or service to your client
  2. You generate an invoice and sent it to the factoring company and to your client
  3. You get an immediate funding advance of 70% to 90% of your invoice
  4. The factoring company gets paid by your client 30 to 90 days later
  5. You get a second installment (the remaining 10% to 30%), less a funding fee

One advantage of working with factoring companies is that they are used to financing companies that have cash flow problems. Factoring lines are comparatively easy to qualify for and can be deployed in a few days. One key feature of the program is that the line adapts to your revenues and can grow with your sales. This is an important feature that helps growing companies but is seldom found on other funding solutions, such as business loans. If your company has cash flow problems due to slow paying customers - we can help.

Want more information?

Are you looking to learn more about our financing solutions? Here are some additional resources:

Questions? Call (866) 730 1922. Toll free in New Jersey.

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