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NORTH CAROLINA FACTORING COMPANIES
Better Your Business: Work With North Carolina Factoring Companies
What could your business do with more working capital? Purchase new equipment? Hire new workers? Complete a big project?
What if you could get that extra capital without taking out a bank loan or putting down assets as collateral?
You can with invoice factoring.
What is Invoice Factoring?
Accounts receivable factoring, also known as invoice factoring, is the process of selling active invoices to a factoring company for a cash advance.
How is Factoring Different From Other Funding Options?
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INVOICE FACTORING |
OTHER OPTIONS |
| – No debt to repay | – Must pay back debt over time |
| – Unlimited funding potential | – Funding potential can be capped |
| – Funding in as little as 24 hours | – Funding can take months |
| – Approval based on customer’s credit strength | – Approval based on your company’s credit history |
| – Small businesses and startups are eligible | – Difficult for startups to get funding |
How Does my Business Begin Working With a North Carolina Factoring Company?
All your business has to do to get started is give us a call or fill out an online form. From there, we’ll contact you to talk about your business – how big it is, what you invoice a month, etc. Using that information, we’ll pair your business with the best factoring company in North Carolina to fit your wants and needs.
Then, the factoring company puts your business through a quick approval process. Once complete, your business submits invoices for completed work to the factoring company, who then checks with your customer to ensure the order has been provided or services competed.
From there, the factoring company advances your business up to 95 percent of the accounts receivables, keeping the rest as reserve. When your customer pays the factor, the factoring company releases the reserve to your business minus a small factoring fee.
How Does my Business Begin Working With a North Carolina Factoring Company?
We can get you paired up with a factoring company in North Carolina regardless of what industry you’re in.
Automotive: If your independent repair shop could use some extra capital for new equipment, let us know. We’ll get you in touch with a factoring company in North Carolina that can provide you with the cash you need to upgrade your shop.
Technology: Have a tech startup that needs capital for distribution or hiring? Invoice factoring companies in North Carolina can supply you with the funds to grow.
Trucking: Put some extra cash in your pocket to pay for fuel by factoring. We’ll match you with a factoring company that will get you funded in as little as 24 hours.
Request a Quote
Request a quote from our extensive factoring company network.
More Industries Served in North Carolina
Distribution
Tell us what your looking for in a distribution factoring company and we’ll match you with someone who fits your needs.
Construction
Does your small business provide construction services and need funding fast? We’ll work to get you a factor with the lowest rates.
Staffing
We work within the staffing industry to get companies the cash they need to expand their business, hire employees and make payroll.
Medical
Let us help your medical business get the funds it needs to grow. We specialize in the medical industry and will find you a factor that fits your needs.
North Carolina Factoring Companies: Get the Capital Your Business Needs
Make your business stand out with a new marketing or advertising campaign paid for by invoice factoring. If you have other things in mind for your company, talk with us! We can get you paired up with a North Carolina factoring company that can fund your growing business.
Find factors in these North Carolina locations:
Is your business located outside of one of these cities? Check out our nationwide network of factors!