Who Benefits from Factoring?

If your business is a business-to-business company and you generate invoices for services provided or goods sold, you are an ideal candidate for factoring. Here is a partial list of industries that we serve:

  • Pallet Manufacturing
  • Environmental Consulting
  • Janitorial Services
  • Catering Services
  • Consulting
  • Commercial Delivery
  • Wholesale

Most companies factor because they have expanded so rapidly that they outgrow their current working capital, line of credit, or they did not have adequate start-up capital to begin with. Companies might also use factoring if they experience:

  • Large customer concentration
  • Slow turnover in receivables
  • Loss of bank line of credit or are otherwise not bankable
  • Seasonal business cycles