Nationwide Invoice Factoring and PO Financing
Invoice Factoring Group provides nationwide invoice factoring services and can help your small or medium size business find the right factoring finance company for your needs. As a factoring broker, we work on your behalf but at no cost to you. We will review your company’s financial situation, research the available options and recommend the factoring finance company best suited for you.
Factoring rates as low as 2%.
Click here to get funded now! (subject to monthly volume).
Want an instant invoice factoring quote? Get an online quote now! Questions? Call (866) 730 1922. Services in the USA and in Canada.
What is invoice factoring?
Invoice factoring is an effective financial tool that allows companies to sell their account receivables (or “invoices”) to a funding company in exchange for immediate funds. This enables growing businesses to leverage their strongest asset - their receivables form strong credit worthy clients.
In a commercial invoice accounts receivable factoring arrangement, a company sells its invoices to a finance company, called a "factor", at a discount. The invoice factoring company provides immediate funding for the sold receivables. Since invoice factoring is a sale rather than a loan, the accounts receivables balances are carried on the factoring company’s balance sheet since the title has been passed.
The invoice factoring company, who now owns the invoices, provides all the required credit, collection, and accounting services necessary to collect the receivables. In some cases, factoring companies who offer non-recourse financing may also assume any possible losses generated by insolvent account debtors.
A great advantage of receivables factoring is that you can sell your receivables on an ongoing basis, enabling your company to use it as a “cash on demand” line of financing.
To learn more about factoring, please select the category that best fits your business:
Invoice Factoring for Business Services Companies
Factoring for small and medium sized service companies such as commercial suppliers, technology consultants and janitorial/cleaning companies.
Freight Bill Factoring for Trucking Companies
Freight bill invoice factoring for trucking and commercial transportation companies.
Medical Office Factoring
Factoring for small and medium sized medical offices, diagnostic centers and medical supply companies.
Purchase Order Financing
Purchase order funding and purchase order financing for small and medium sized distributors, importers and resellers.
Export Factoring
Factoring and export financing for small and medium sized companies export companies
Trade Finance
Solutions for businesses that need international trade financing or import export financing
Invoice Factoring for Security Companies
Factoring for companies that provide security guards to commercial, industrial and government sites.
Invoice Factoring for Government Contractors
Factoring for companies that provide services and products to state and federal government agencies.
Invoice Factoring for Staffing Agencies
Factoring for staffing and temporary employment in the business and medical services field.
Invoice Factoring for Small Enterprise and Independent Professionals
Factoring for new businesses, Small office/home office (SOHO), consultants / Infogurus, independent professionals or any business with less than $250,000 in revenues.
Canadian Factoring
Looking for a company to handle your Canadian receivables? We also offer invoice factoring to Canadian companies.
Want an instant invoice factoring quote? Get an online quote now! Questions? Call (866) 730 1922. Services in the USA and in Canada.
