California Factoring Companies | Factoring Marketplace

Why Your Business Needs a California Factoring Company

Your business needs a California factoring company if it needs more working capital, has clients that take upwards of 30 days to pay or needs to take on a new, large order. Factoring companies can advance your business money using a process called 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.

Why Should My Business Factor?

It’s fast. Your business can get funds through a factoring company in California in as fast as 24 hours.
It’s easy. Fill out a form. After that, factoring is as simple as 1-2-3.

1: Based on the information from your form, we pair your business with the best factoring company for your needs and wants. The business will put you through a quick approval process.

2: Once approved, your business submits invoices for completed work. The factoring company then contacts your customers and verifies the service was completed or the order was filled. After they verify, the factoring company will advance your business up to 95 percent of the accounts receivable, keeping the rest as reserve.

3: Your customer pays the factor on their normal payment terms. When the factor receives payment from the customer, they’ll release you the reserve minus a small factoring fee.

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A Factor for Any Industry in California

Do you own a business in California? If the answer is yes, we can find a factoring company that specializes in your particular industry.

Agriculture

Your agriculture business needs the help of a California factor to stand out from the competition. Let us help pair you with a factoring company that best fits your business’ needs.

Technology

California is the hub of the tech industry. If your tech business needs some extra capital to grow, give us a call. We’ll match you with a factoring company that meets your business’ size and industry.

Staffing

If your staffing company needs money to make it through a long pay period, consider invoice factoring. We’ll match you with a factoring company in California that can get you cash in as little as 24 hours.

Healthcare

Tell us what your looking for in a healthcare factoring company and we’ll match you with someone who fits your needs.

Trucking

Let us help get your trucking company the funds it needs to grow. We specialize in the trucking industry and will work to find you a factor with the lowest rates.

Service

We work within the service industry to get companies the funding they need to expand their businesses.

Manufacturing

Does your small business provide manufacturing services and need funding fast? We can help you find a factor to increase your cash flow.

Stand Out: Work with a California Factoring Company

California is home to thousands of businesses—some of them the biggest in the world. If you have a business and want it to stand out from the competition, talk to us. We’ll get you in contact with a California factoring company that will advance you capital for new projects, new hires or new business opportunities.

What are the benefits of factoring?

Factoring isn’t a debt. It’s a cash advance.
Approval isn’t based on the credit of you or your business.
Factoring takes the stress of collecting and billing off of your company’s shoulders.
Your company can get money in as fast as 24 hours.

Advantages of Using a Factoring Company Over Traditional Bank Financing

When considering how to boost your business’s cash flow, factoring companies offer significant advantages over traditional bank financing.

1. Immediate Cash Flow Enhancement

Factoring companies can provide your business with immediate working capital by purchasing your outstanding invoices. This quick cash influx allows you to seize advantageous deals, make timely purchases, and invest in growth opportunities without waiting for clients to pay up.

2. Zero Debt Incurred

Unlike traditional bank loans, factoring does not increase your debt burden. Since this method involves selling your receivables, you receive funds without adding liabilities to your balance sheet. This keeps your financial health intact and simplifies future funding opportunities.

3. Credit Flexibility

Factoring companies focus on the creditworthiness of your customers, not your business. This means that even if your credit history is less than stellar, you can still benefit from factoring. It’s an ideal solution if you need funding but may not qualify for a traditional bank loan due to credit constraints.

4. No Repayment Pressure

As factoring involves selling your invoices, there is no repayment schedule to worry about. The responsibility for collecting payment shifts from you to the factoring company, freeing you from the stress of managing collections.

California Factoring Companies Near Me:

Bakersfield – Los Angeles – Riverside – Sacramento – Fresno – San Diego – San Francisco – San Jose

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Need capital to market your business? Don't blend in--stand out!--using California factoring companies. All you have to do to get started is contact us.

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