America’s Factors offers invoice factoring services to businesses to help them accelerate their cash flow and help them meet their maximum growth potential. Here’s what America’s Factors does:

• Invoice Purchasing: America’s Factors buys invoices from businesses, providing them with immediate cash rather than waiting for customers to pay.
• Cash Flow Solutions: By purchasing invoices, America’s Factors helps businesses improve cash flow, enabling them to meet immediate financial obligations, invest in growth, or cover operational expenses.
• Credit Risk Management: America’s Factors offers non-recourse factoring programs to help businesses mitigate the risk they take if their customer doesn’t pay an invoice because of a credit problem.
• Additional Services: America’s Factors  offers value-added services such as credit checks on customers, collections management, and other financial solutions tailored to businesses’ needs.
• Established in 1992: America’s Factors has been providing businesses with working capital since 1992.

America’s Factors would aim to provide businesses with flexible factoring solutions to optimize cash flow and support growth.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

America’s Factors provides financing for small and medium-sized companies that need additional working capital. The capital provides businesses a steady cash flow which helps them grow and prosper.

The process is very simple, as simple as easy as 1…2..3:

1.  Submit an online application along with some paperwork, and we’ll send you a term sheet to review.
2.  Send back the term sheet and we’ll send you our security agreement.
3.  Complete the security agreement, we verify your invoices and fund you within 24hours.

America’s Factors is very transparent, it gives clients access to an online portal to help them keep track of paid invoices, outstanding invoices, fees and any other relevant matters.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

Invoice factoring can provide several benefits for businesses:

1. • Improve Cash Flow: Invoice factoring provides immediate access to cash by selling outstanding invoices to a factoring company. This helps businesses meet immediate financial obligations, cover operating expenses, and invest in growth initiatives without waiting for customers to pay.
   • Maintain Working Capital: By unlocking the value of unpaid invoices, invoice factoring enables businesses to maintain sufficient working capital to support day-to-day operations and strategic initiatives.
   • Manage Seasonal Fluctuations: Businesses experiencing seasonal fluctuations in cash flow can use invoice factoring to bridge the gap between periods of high and low revenue. This ensures continuity in operations and prevents cash flow shortages during slower seasons.
   • Accelerate Growth: Invoice factoring provides businesses with the capital needed to pursue growth opportunities, such as expanding operations, investing in marketing initiatives, hiring additional staff, or launching new product lines.
   • Flexible Financing: Invoice factoring offers flexible financing solutions tailored to the unique needs of businesses. Whether a business needs to factor a few invoices occasionally or establish a long-term factoring relationship, invoice factoring can accommodate varying financing needs.

Overall, invoice factoring can be a valuable financial tool for businesses seeking to optimize cash flow, maintain working capital, and accelerate growth to its maximum potential.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

Invoice factoring can benefit various types of businesses across different industries, particularly those facing cash flow challenges due to slow-paying customers, seasonal fluctuations, or rapid growth. Here are some examples of businesses that may benefit from invoice factoring:

• Small and Medium-Sized Enterprises (SMEs): Small and medium-sized businesses often face cash flow constraints due to delayed payments from customers. Invoice factoring can help SMEs maintain cash flow, cover operating expenses, and invest in growth initiatives.
• Startups and Emerging Businesses: Startups and emerging businesses may lack the financial history or creditworthiness to qualify for traditional financing options. Invoice factoring provides these businesses with an alternative source of funding based on their accounts receivable.
• Service-Based Businesses: Service-based businesses, such as consulting firms, staffing, security agencies, and IT service providers, often experience fluctuations in cash flow due to billing cycles and project timelines. Invoice factoring can help these businesses manage cash flow and maintain financial stability.
• Manufacturers and Distributors: Manufacturers and distributors may face cash flow challenges due to inventory costs, production cycles, and lengthy payment terms from customers. Invoice factoring allows these businesses to access immediate cash flow to purchase materials, fulfill orders, and grow their operations.
• Transportation and Logistics Companies: Trucking companies and logistics firms often experience cash flow gaps due to fuel costs, maintenance expenses, and delayed payments from shippers. Invoice factoring can provide these businesses with the working capital needed to cover operating costs and fuel growth.
• Oil & Gas Industry: Oil & gas often face significant upfront expenses related to exploration, drilling, and extraction activities. invoice factoring allows these businesses to convert their accounts receivable into immediate cash, providing the liquidity needed to cover operational costs, equipment maintenance, and other expenses.

Overall, businesses of all sizes and industries can benefit from invoice factoring to address cash flow challenges, maintain working capital, and support growth initiatives without relying on traditional financing options.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

The amount of accounts receivable that would qualify for factoring can vary depending on several factors, including the size and creditworthiness of the business and the creditworthiness of its customers. However, in general, America’s Factors typically considers the following criteria when determining the eligibility of accounts receivable for factoring:

• Invoice Size: America’s Factors has no minimum and maximum invoice size requirements.
• Customer Creditworthiness: America’s Factors assess the creditworthiness of a business’s customers before agreeing to purchase their invoices.
• Invoice Aging: America’s Factors prefers invoices that are not excessively aged or overdue.
• Industry and Geography: America’s Factors specializes in transportation, manufacturing, distributors, staffing, security agencies, consulting firms. oil & gas, and many more industries.
• Volume of Invoices: America’s Factors has no monthly minimum volume requirements.

Ultimately, the eligibility of accounts receivable for factoring is determined on a case-by-case basis, and businesses should consult with America’s Factors to discuss their specific needs and requirements. Factors such as the age, size, and creditworthiness of invoices, as well as the overall financial health of the business, will influence the decision to qualify for factoring.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

Invoice factoring may influence your relationship with customers in several ways, mostly positive:

• Improved Cash Flow: Invoice factoring can help you maintain a healthy cash flow by providing immediate access to cash tied up in unpaid invoices. This can enable you to fulfill orders, pay suppliers, and invest in growth opportunities promptly, which may positively impact your ability to serve your customers.
• Enhanced Service Levels: With improved cash flow, you may be able to invest more in customer service, such as offering expedited shipping, providing better post-sale support, or developing new products or services that meet your customers’ needs more effectively.
• Stability: Invoice factoring can provide stability by ensuring a steady stream of working capital, which can help you avoid cash flow crises that might otherwise disrupt your ability to serve your customers consistently.

To mitigate any potential negative impacts, it’s essential to communicate transparently with your customers about your financing arrangements, emphasize the benefits of invoice factoring in terms of improved service and stability, and ensure that your factoring partner maintains professional and respectful relationships with your customers during the collections process. Additionally, choosing a reputable and trustworthy factoring company can help reassure both you and your customers that the arrangement is in everyone’s best interest.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

America’s Factors encourages you to participate in the collection process. Most companies, in order to reduce the cost typically associated with collections, elect to have us monitor and pursue collections independently.

America’s Factors usually purchases a variety of accounts receivable (AR) types from businesses across different industries. The specific types of AR that America’s Factors buys can vary depending on the needs of their clients. However, some common types of accounts receivable that America’s Factors may purchase include:

• Business-to-Business (B2B) Invoices:
  • This includes invoices generated from sales made to other businesses. B2B transactions are common in industries such as manufacturing, wholesale, distribution, and professional services.
• Staffing Firms:
  • America’s Factors can be particularly beneficial for staffing companies due to the nature of their business. Staffing companies often face challenges related to cash flow because they typically have to pay their employees regularly but may experience delays in receiving payments from clients.
• Security Guards:
  • Security guard companies often face delays in receiving payments from clients, leading to cash flow gaps. America’s Factors provides immediate access to cash by advancing funds against outstanding invoices. This allows security guard companies to meet payroll, purchase equipment, and cover other operational expenses without waiting for client payments.
• Transportation and Freight Invoices:
  • Invoices for transportation services, such as trucking, freight hauling, or logistics. Factoring companies specializing in transportation often cater to trucking companies, owner-operators, and freight brokers.
• Oil & Gas Industry:
  • America’s Factors can be a valuable financial partner for businesses operating in the oil and gas industry, which often face unique challenges related to cash flow volatility, long payment cycles, and large upfront costs. Oil and gas companies frequently incur significant expenses upfront for equipment, materials, and labor before receiving payment from clients or completing projects. America’s Factors allows these companies to convert their outstanding invoices into immediate cash, providing the working capital needed to cover ongoing expenses, such as payroll, equipment maintenance, and supplies.
• Manufacturing and Production Invoices:
  • Invoices generated from the sale of manufactured goods or production services. Manufacturing factoring may include financing for raw materials, work-in-progress inventory, and finished goods.

These are just a few examples, and America’s Factors offers factoring solutions tailored to specific industries or business needs beyond what’s listed here. It’s essential for businesses considering factoring services to discuss their unique requirements with America’s Factors to determine if their accounts receivable are eligible for purchase and what terms and conditions apply.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

America’s Factors determines the factoring fee based on several factors, including the creditworthiness of your customers, the volume and value of invoices you plan to factor, the industry you operate in, and the terms of the factoring agreement. Here’s a breakdown of how these factors influence the factoring fee:

• Creditworthiness of Customers: America’s Factors assesses the creditworthiness of your customers since they ultimately bear the risk of non-payment.
• Volume and Value of Invoices: The total volume and value of invoices you plan to factor also impact the factoring fee. Factoring companies typically charge a percentage of the total invoice amount as the fee. Higher invoice amounts or larger volumes of invoices may result in lower factoring fees as a percentage of the total.
• Industry Risk: The industry you operate in can influence the factoring fee. America’s Factors considers factors such as industry stability, payment terms common in the industry, and historical collection performance.
• Factoring Agreement Terms: The terms of the factoring agreement, including the duration of the agreement, the frequency of funding, and any additional services provided by the factoring company, can affect the factoring fee. Longer-term agreements or agreements with additional services may result in lower factoring fees.
• Advance Rate: The advance rate, which is the percentage of the invoice amount that America’s Factors advances to you upfront, also impacts the factoring fee.

Overall, the fee is based not on the strength of your company but rather on the quality of your accounts. Therefore, the cost fluctuates according to the credit worthiness and performance of your receivables. When compared to both the cost of maintaining receivable for 30 days or more, and the administrative expenses associated with collections, factoring is a prudent business strategy. Many clients use this as a discount, allowing them to offset the factoring fee and work with America’s Factors at a minimal cost.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

Yes, invoice factoring is a widely accepted financial practice, particularly among small and medium-sized businesses. It provides a way for companies to improve their cash flow by selling their accounts receivable (unpaid invoices) to a financial company, known as a factor, (America’s Factors), at a discount. In return, the business gets immediate cash, while the factor collects the full amount owed by the customers on the invoices. This practice can be beneficial for businesses that need quick access to cash.

Invoice factoring is so widely recognized that nearly every retailer in the United States includes a blank on their purchase orders indicating whether the invoice is to be factored. Until recently, factoring was only available to companies with receivables totaling $20 million or more. Now, due to advances in technology, America’s Factors, a leader in the industry, can serve the small and mid-sized business community without incurring high administrative expenses. Coupled with the increasingly stringent credit parameters of institutional lenders, factoring has become a preferred financial tool for the small and medium-sized business.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.

We give you access to an online portal where you can run reports showing the status of each invoice we’ve purchased, which ones have been paid, which ones are still outstanding, the balance in your reserve account, fees, etc.

No. Compared to traditional financing options like bank loans, invoice factoring tends to have fewer requirements and a faster approval process.

In traditional bank financing, the process typically involves extensive documentation, credit checks, collateral requirements, and a thorough review of the business’s financial history. Banks often require a strong credit history, stable revenue streams, and collateral to secure the loan.

On the other hand, invoice factoring involves selling accounts receivable (invoices) to a factoring company (America’s Factors) at a discount. America’s Factors advances a percentage of the invoice value to the business upfront and collects payment from the customer when the invoice is due. The approval process for invoice factoring is often quicker and less stringent compared to bank financing because America’s Factors assess the creditworthiness of the business’s customers rather than the business itself.

While invoice factoring may involve less stringent requirements than bank financing, there are still certain criteria that America’s Factors considers, such as the quality of the invoices, the creditworthiness of the customers, and the stability of the business. However, the process is generally faster and more flexible than traditional bank financing, making it an attractive option for businesses with cash flow needs.

For more information, please contact America’s Factors at 800-794-6786, complete the Inquiry Form or Online Application.