OHIO FACTORING COMPANIES
Why Work with Ohio Factoring Companies?
Working with factoring companies in Ohio gives your business the working capital it needs to move to a new location, purchase new inventory or any other expense your company encounters in the growth process. Have your unpaid invoices generate money for your business by using accounts receivable factoring.
Invoice factoring, also known as accounts receivable factoring, is the process of selling your business’ unpaid invoices to a factoring company for a cash advance.
How Does My Company Start Working With a Factoring Company in Ohio?
All your company has to do to start working with an Ohio factoring company is give us a call or fill out an online form. From there, we’ll match your business with a factoring company that best fits your needs.
The factoring company then puts your business through a quick approval process. Once approved, your business can start submitting invoices for completed work. The factoring company contacts your business’ customer and verifies that the work has been done or services provided, then advances your company up to 95 percent of the accounts receivable. The remaining money is kept as reserve.
Your customer pays the factoring company on their normal payment terms. Once the factoring company is paid, they will release the reserve to you minus a small factoring fee.
Industries Served By Ohio Factoring Companies
Whether your business deals with manufacturing or technology, trucking or staffing – we can find a factoring company in Ohio to fund your company.
Automotive: If your auto repair shop could use some extra cash for new equipment, give us a call. We’ll match you with a factoring company in Ohio that fits your wants and needs.
Agriculture: Get your agriculture business on the map using an Ohio factoring company. We’ll find the one that works with your industry and on your terms.
Request a Quote
Request a quote from our extensive factoring company network.
More Industries Served in Ohio
Tell us what you’re looking for in a staffing factoring company and we’ll match you with someone who fits your needs.
Does your small business provide educational services and need funding fast? We can help you find a factor to increase your cash flow.
We work with many small businesses within the tourism industry to get companies the cash flow they need to expand their business, hire employees and make payroll.
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.
Ohio Factoring Companies: Grow Your Business
Need capital to market your business? Don’t blend in—stand out!—using Ohio factoring companies. All you have to do to get started is contact us.
What Are The Benefits of Factoring?
- Factoring is fast. Companies can get funded in as fast as 24 hours of approval.
- Factoring is easy. Getting started is as easy as filling out an online form.
- Factoring is not debt. You don’t have to worry about paying back a loan or putting assets down as collateral.
Not located in Akron, Cincinnati, Columbus or Dayton?
We have a nationwide network of factoring companies that can get your business funded, regardless of where you’re located.