IF YOU'RE NEW TO THE IDEA OF FACTORING, YOU MIGHT BE SURPRISED TO LEARN THAT IT'S A BUSINESS PRACTICE THOUSANDS OF YEARS OLD. NOTHING LASTS THAT LONG UNLESS IT WORKS.

 

 

In today’s back-and-forth economy, factoring makes more sense than ever.  It creates stability, empowers discount privileges, and most of all, fuels growth. In 2005, companies like yours received over 62 billion dollars (U.S.) in advances from factoring companies, according to the Commercial Finance Association. And every year that number has been growing significantly.

Factors are much more flexible with their borrowing procedures than banks are.In a less-than-perfect economy, banks tightening their underwriting policies and customers in-the-know start turning to factoring companies for financing.

Understanding the demands of your particular industry is key.

Whether rapid growth has left you undercapitalized, delinquent payments from customers have held you back, or you’re just ready to expand your business, a factoring company with years of experience in your industry can do more to help you reach your goals.  Even something as seemingly basic as a solid credit service that can protect your company from bad debt, has often meant the difference between total bankruptcy and remarkable success.

first Financial Factoring has advanced over a quarter of a billion dollars in the last year to clients in a wide range of different industries. Now those businesses run more efficiently and have the flexibility to go after new opportunities as they rise.

Remember, every factor lends money. But first Financial Factoring is dedicated to providing you one-on-one personal attention, quick decisions and lots of long term support. All that being said, we know that above all, money talks.

That’s why we charge the lowest rates and deliver the highest advance rates in the business. We invite you to compare us to any other company and see for yourself.

 
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