California Factoring Companies
Invoice Factoring in California
Is your California business growing by leaps and bounds? Or are you just struggling with day to day cash flow issues? You may have heard about invoice factoring, done some homework on it and wondered whether it can solve your business financing dilemma. If you have invoices for completed work to a credit worthy company or entity, the answer is yes! With factoring, the focus and credit shifts from you and your company to the company you provide services or products to. Instead of waiting to paid on the payment terms of your contract, funds can be advance in as little as 24 hours of issuing an invoice.
The next step is finding the best California factoring company for your needs. California is a big state with many options and to save you time, we will work with you to quickly assess which will be the best company for your size business, industry, payment terms and customers. Often there will be more than one. Our goal is to save you time and money and we do this at no cost to you. So whether you need a Los Angeles factoring company, a San Francisco factoring company, a San Diego factoring company or a Sacramento factoring company, we can help!
Ready to Get Started?
Our network of factoring companies is ready to go. With no cost or commitment we can find the best factory company for your business.
Benefits of California Invoice Factoring
Factoring is a readily available solution to your cash flow crunch. Whether you’re waiting 30, 60, or even 90 days to get paid there is a California factoring company for you. Check out some of these other benefits from the factoring companies we work with:
Factoring Case Study
One of our longest standing clients manufactures a specialty food product. Located in Pasadena, they were interested in working with a factoring company in Los Angeles. They were brought to us by a broker who was having a difficult time finding financing for them. Since the main customer they wanted to factor invoices for was World Market, we knew most factors would be interested. However they did not want to factor every invoice, nor did they want to factor every month. Many California factors require a monthly commitment so we narrowed their options down to a few.
Our client was able to sign a contract with the first factor we introduced them to. The factor was able to support the growth they would experience and was very accommodating with all the client’s requests. Within 2 weeks of their initial contact with us, their first invoice was factored. The ability to factor their invoices has helped them provide a continuing stream of product to World Market. In addition, they have been able to take on additional new customers. Our service quickly found them the best match for their needs.