LOUISIANA FACTORING COMPANIES

Expand Your Small Business with Louisiana Factoring Companies

If your small business is fighting to stand out against other larger companies in Louisiana, it may be time to consider accounts receivable factoring.

Invoice factoring, also known as accounts receivable factoring, is the process of selling your active invoices to a factoring company for a cash advance.

Your company can use that cash advance however you choose – use it to pay for a new marketing strategy or for materials to take on a new large job. It doesn’t matter, the money is yours to grow your business.

Picking a factoring company to work with can be challenging. That’s where we come in. We’ll listen to your business’ wants and needs, then pair you with a factoring company in Louisiana that fits your size, location and industry.

How do I Start Factoring Invoices in Louisiana?

Accounts receivable factoring is simple. First, either give us a call or fill out an online form. We’ll ask a few questions about you and your company, then pair you with a factoring company within our expansive network.

The factoring company then puts your business through a quick approval process. Once approved, you’ll submit invoices for completed work. Then, the factoring company will contact customers you provided either goods or services for and verify the service was completed or the order was filled.

Once that’s completed, the factoring company advances you up to 95% of the account receivables and keeps the rest as the reserve.

From there, your customer pays the factor on their normal payment terms. Once the customer pays the factor, the factoring company releases the rest of the reserve to you, minus a small factoring fee.

Louisiana Factoring Companies

Industries Louisiana Factoring Companies Serve

If you have a B2B company, we can find you a factor. It doesn’t matter what industry you’re in, where you’re located or how many employees you have – there is a Louisiana factoring company that can help you secure the capital you need to grow.

commercial fishing factoring

Commercial Fishing: Louisiana accounts for 25% of the seafood eaten in the United States. If your small fishing business wants to get to a bigger pond, accounts receivable factoring can help.

agriculture industry

Agriculture: Louisiana is second in the country for its production of sugarcane and potatoes. If your farm needs some extra capital for new equipment, extra seeds or hiring more help — try invoice factoring.

oil and gas factoring

Oil & Natural Gas: Is your oil and natural gas business growing faster than projected? Let us pair you with a Louisiana factoring company that can provide you with cash advances.  

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Request a quote from our extensive factoring company network.

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More Industries Served in Louisiana

staffing

Trucking Industry

education industry

construction factoring

Staffing

Does your small business provide staffing services and need funding fast? We can help increase your cash flow.

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.

Education

Does your small business provide educational services? We can help you find a factor who fits your needs.

Construction

We work within the construction industry to get companies the cash flow they need to expand their business, hire employees and make payroll.

Choosing the best Louisiana Factor

Louisiana is a melting pot – visitors come from all over to get a taste of the rich Spanish, Creole, and French heritage. The large sense of diversity means one thing for small businesses: opportunity.

Let a factoring company in Louisiana help you stand out in the crowd by providing you with extra capital to use as you please. Want to start a new advertising campaign? Purchase new equipment? Start a new project? Invoice factoring can help you fund these ventures.

Why work with a Louisiana Factoring Company?

  • Your company can get the funding it needs in as fast as 24 hours.
  • Approval is based on the credit strength of your customers, not you.
  • You decide which invoices you want to factor.
  • You won’t have to repay a debt or use assets as collateral.

Factoring Companies Near Me

Is your business outside of New Orleans? No problem. Whether your business is in Louisiana or Illinois, we can find a factoring company in our national network that will fit your needs.