Factoring

Generally a Factor will take a first position on all accounts receivables as collateral even if they are only purchasing certain accounts. This allows the Factor to purchase other accounts…

When entering into a Factoring Agreement a Factor will take a first position on the account receivable as a minimum requirement for most clients and a personal guaranty is standard.…

This transportation company started with a $75,000 credit limit for US and Canadian invoices.  This client had larger invoices and carried larger loads so they required the financing to help…

A company publishing a newspaper was suffering from inadequate systems and was not collecting receivables regularly and never checked credit on the customers.  They had a couple of bad debts…

This Ontario Transportation Company was a start up that had experienced some delays in getting their Transportation Authority and getting the trucks on the road which drained the cash flow.  …

Factoring can assist, in ways you won’t resist Many business owners aren’t aware of the benefits of factoring their accounts receivables. This can be a very effective way to grow…

People show a great deal of imagination when it comes to financing their business but everyone has to pay the piper sometime.   By getting quick loans, you receive short-term relief;…