Invoice Factoring Financing in South Carolina

Invoice Factoring Group

Waiting to get paid by customers can be a major challenge for small business owners. The problem arises from the fact that companies have to offer payment terms to their large customers - usually as a condition of doing business. However, few small companies can actually afford to wait that long for payment. They need money sooner to cover business expenses and start new projects.

One way to solve this problem is to enhance your cash flow using factoring financing. It improves your cash flow and provides the funds you need to pay for business expenses. We offer invoice factoring services in South Carolina and can provide you with a competitively priced factoring quote.

Factoring rates as low as 1.5%. Advances as high as 85%.
Click here to get funded quickly!
(subject to monthly volume and industry).

Solutions

Business Services

Business Services Companies, Distributors and Manufacturers

Funding for companies in the service,distribution, oilfield services, janitorial, and manufacturing sectors that are located in South Carolina.

Freight financing

Factoring Freight Bills

Financing for transportation companies and intermediaries.

PO financing

Financing for Purchase Orders

Financing for product resellers and importers in various industries. Covers the cost of paying suppliers by letter of credit.

Export Finance

Financing for 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 Contractors and Subcontractors

Funding for businesses that supply services and products to South Carolina 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 Agencies

Financing solution for staffing and employment companies in the business and medical fields.

small business factoring

Small Companies

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

Our program

Factoring financing allows companies to sell their invoices to a factoring company in exchange for immediate funds. It eliminates having to wait for customer payments and provides you with immediate funds to meet important company expenses. It allows you to optimize the use of your most important asset - your invoices from credit worthy customers.

Our solution is easy to use and is structured as follows:

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

Accounts receivable factoring can provide a better solution to this problem than other business financing products, such as business loans. One important advantage is that factoring is easier to qualify for than most bank financing products, which makes it an attractive alternative. It can also be deployed quickly and can be used to avert a liquidity crunch. Lastly, factoring lines are indexed to your revenues. They will adapt and grow to match your increasing sales, which makes them ideal for growing companies.

Need Information? We have additional resources:

 

Questions? Call (866) 730 1922. Toll free in South Carolina.

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