Business Financing Programs

Program

FACTORING

Required to Qualify

Application; Invoices; Taxes over a specific amount.

Program Description

Factoring is a way where small business owners can sell their invoices and have up to 95% of the invoice funds sent to the business owner. The factoring company is responsible for collecting the funds and in turn takes a small percentage of funds. This is effective for many companies like trucking etc. because the small business owner does not have to chase customers from paying their invoices.

Loan Amounts

Variable