Whether you need money to buy supplies, meet payroll, pay taxes or anything else, Factor Funding Co. will work with you closely to obtain the financing you need, when you need it. Perhaps you’ve tried other options such as credit cards, bank loans, investors, family, and friends with little or no success until now. If you have a good business with potential for growth, Factor Funding can speed up your cash flow and unleash your power to survive and thrive, whether you are one, a couple, or one hundred or more people business, working from home or away, already established or just getting started to implement your plans and strategies, buy supplies, meet payroll, pay debts, taxes, or meet other expenses.
Factor Funding Company is dedicated to providing cash flow to young and growing small to medium size businesses including start-ups, minorities, and women-owned businesses. You’re virtually approved if you sell on terms to other reputable and credit-worthy businesses or you have unencumbered tangible assets. Accounts receivable funding also known as factoring is the sale of invoices at a discount to generate immediate and dependable cash flow without borrowing, giving up control of your business, or creating debts.
It is ideally suited to businesses that are either experiencing growth or temporary cash flow squeeze who also sell on payment terms to other businesses. It is easy to qualify for factoring and NOT like traditional financing or bank loan or lines of credit where approval is based on your personal and direct business credits and assets. Instead, approval is largely based on the credit-worthiness of your customers and their ability to pay their invoice
