Flexibility for enhancing your company’s capacity to grow.

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Distributors, Importers & Exporters

Same Day Decisions to keep your fleets moving

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Transport Fleets

Keeping you funded during quick resource changes

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Temp Staffing & Service Providers

Leveraging your credit line based on receivables

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Manufacturing

We Lend MORE than The Bank!

  1. Accounts Receivable Financing

    Accounts Receivable Financing is a method used by businesses to convert sales on credit terms for immediate cash flow. 1st Commercial Credit adopts a quick and simple approval process and expedites initial funding in 3 to 5 working days.
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  2. Asset Based Lending

    1st Commercial Credit offers higher leverage borrowing ratios than traditional banks. Asset based lending helps you borrow money based on the value of your assets such as raw materials, inventory and accounts receivable.
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  3. Purchase Order Financing

    1st Commercial Credit offers a variety of purchase order financing solutions to meet your trade financing needs. Purchase order financing is suitable for any wholesaler, reseller, importer or any company that buys and resells goods.
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Factoring & Receivable Financing Rates

Starting At 0.69% - 1.59% Start Today

Optional Prime Rate +2% & Admin Fee

Why Choose Us? Quick Approval Process!

Easy Set-Up in 3 to 5 Days - Flexible Terms

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Accounts Receivable Financing

We realize that financing the growth of your business can be a challenge. Newly developed or established businesses selling on credit terms will eventually need more working capital due to growth. If your credit sales to commercial accounts have created a cash flow shortage in your business, then your company will benefit the most by utilizing our accounts receivable financing service. Business owners realize that there is no need to borrow money from a bank in order to offer credit terms to customers.

What is Accounts Receivable Financing?

Receivable financing, also known as factoring is a method used by businesses to convert sales on credit terms for immediate cash flow. Financing accounts receivable has become the preferred financial tool in obtaining flexible working capital for businesses of all sizes. The receivable credit line is determined by the financial strength of the customer (Buyer), not the client (The seller of the receivables).

Accounts Receivable Financing is available in days, not weeks.

Unlike other Factoring Companies, 1st Commercial Credit makes receivable financing easy to obtain with minimal paperwork. Our decisions are not based on financials, tax returns or even equity to debt ratios. We make decisions primarily on the invoicing process and the credit strength of the account debtor (buyer). We specialize in evaluating and financing accounts receivable and can make a prompt decision within a day. This financial solution involves very little underwriting. The approval process is simple and we can expedite initial funding in 3 to 5 working days. Our clients can enjoy the benefits of our prompt service and begin to use their funds within days of completing an application.

Receivable Financing & Factoring rates as low as 0.69% - 1.59%

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Call now for details USA 1 800 876 6071 

(Rates subject to industry and collection cycle)

The Hidden Collateral: Asset Based Lending for Working Capital

1st Commercial Credit can provide lending services based on existing assets of the business. This allows entrepreneurs to strengthen their capacity to borrow funds by utilizing accounts receivable and inventory as collateral. This financial solution is excellent for businesses which have plenty of assets to offer as collateral, but lack working capital in their business. .

The Hidden Collateral: Accounts Receivable

Businesses that sell on credit terms have a hidden asset that most owners do not realize can be used for collateral. 1st Commercial Credit specializes in collateralizing and financing accounts receivable. The receivables are pledged as collateral and the business may draw cash against the eligible accounts receivable at any time. Accounts receivable financing, also known as factoring is not a loan, so there is no need to make payments or create debt to your business.

Business Qualifications for Receivable Financing & Factoring

Our financing programs can accommodate companies with seasonal or uneven sales patterns or start-up operations with no financial base to rely upon. Any business can qualify for receivable financing if it generates sales on open credit terms to customers with financial credit strength. Most of our clients are trying to find a solution to finance their growth or whose past earnings will not justify a traditional loan or credit line increase.

What Industries Qualify for Receivable Finance?

Every industry is evaluated differently because no industry invoices the same method. Not all factoring companies accept every industry. As a rule of thumb, your business must sell to a good credit worthy account debtor (customer), a receivable or invoice that can be verified or has an acceptance (signed off) by the account debtor. Receivable financing is available to all industries that provide services, or deliver products to commercial accounts. The sale must be "final sale" with no contingencies or disputes. The service or product must be completely delivered in order for an invoice (receivable) to be eligible for funding.

1st Commercial Credit Is a Factoring Company that Provides a wide range financial services

Providing purchase order financing, asset based lending and factoring for just about every industry that sells on credit terms.

Receivable Financing & Factoring rates as low as 0.69% - 1.59%

Start Today

 

Call now for details USA 1 800 876 6071 

(Rates subject to industry and collection cycle)
 

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1st Commercial Credit, a nationwide factoring company headquartered in Austin, Texas. Provides accounts receivable financing in the US, Canada, and the UK; offers export trade finance to clients in every major world market and can convert receivable finance transactions in 17 currencies.The USA location provides factoring services to the following:



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1st Commercial Credit Provides Asset Based Lending, Purchase Order Financing and Factoring to all States:

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