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For more information and pre-approval, call us at (800) 794-6786 or complete our Online Application.
America’s Factors is an accounts receivable factoring firm, locally owned and operated with over 60 years of financial experience. Our management team knows and understands the needs of small and medium-sized businesses.
America’s Factors provides financing for small and medium-sized companies that need additional working capital. The financing provides your company a steady cash flow which will enable you to grow and prosper.
- We purchase your commercial accounts receivable, giving you cash in 24-hours or less.
- We provide credit checks on your current or potential customers.
- Our professional accounts receivable bookkeeping and collection services are part of our total financing program.
- Accelerate your cash flow
- Improve credit rating, Increase purchasing power
- Increase production and sales
- Most importantly, it enables your company to GROW.
- Companies that are growth oriented.
- Companies that may not qualify for bank financing.
- Companies that are young.
- Companies with tax problems.
- Companies without strong balance sheets.
If your company sells a product or provides a service to another business, America’s Factors has programs to fit your individual needs.
America’s Factors has a positive impact upon your customer relations. We often eliminate potential disputes by confirming that goods and services have been received and rendered to the satisfaction of your customers. To ensure lasting relations all contacts with your customers are handled in a very professional manner.
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.
Just about any valid receivable for a service performed or a product delivered and accepted.
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.
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 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.
We provide you reports showing the status of each invoice we’ve purchased, e.g., which ones have been paid and when, which ones are still outstanding, the balance in your reserve account, etc.
No, because at America’s Factors, with a completed application and a detailed accounts receivable aging, our factoring proposal will be in your hands immediately.