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Factoring and Your Business
Can Factoring Benefit Your Business?

With its almost limitless power and capabilities to assist in new customer generation, factoring can benefit most companies that deal on a business-to-business or business-to-municipal basis. This includes both service providers and manufacturers alike.



At NORTHFUNDING we can assist if:
  • Your business provides a standard verifiable invoice for services rendered or merchandise delivered and the terms or payment you have granted your customers are 90 days or less.
  • Your company does not already have its accounts receivable pledged as collateral for a traditional commercial loan at a bank or other lending institution.  Even then, your lender will often release the lien.
  • Your customers are of reasonable credit quality and/or broadly diversified (i.e. one non-creditworthy customer does not provide most of your company's business).
While once uniquely associated with providing financing to the garment industry, factors now provide working capital to tens of thousands of domestic businesses.

From truckers to staff leasing companies - machine tool manufacturers to electronics distributors - civil engineers to technology consultants - whether your company requires financing for payroll, inventory, or simply to accelerate your company's revenue-flow, factoring can help you achieve your objectives by providing you with quick access to working capital.

Business Results
 

Call 478.932.0145 Today!