Having trouble fulfilling purchase orders due to cash flow shortages?
1st Commercial Credit offers receivable finance for
distributors experiencing working capital shortages. Our Receivable
Factoring and Letters of Credit service provides the utmost flexibility for enhancing your company’s capacity to grow without having to worry about pledging additional collateral. We leverage your credit line solely on your customer’s financial strength, not your company's.
Receivable financing rates
as low as 1.59%
Receivable
Financing Program for Distributors
- No financials - No monthly minimums
- No invoice minimums
- No facility fees - No audits
- No up-front fees - No hidden fees
- Set up account in 3 to 5
working days - 24 hr funding thereafter
- Receivable credit lines
starting at $5,000 & up to $10 million
experiencing cash flow shortages
due to a slow turnover in accounts receivable
fast growing companies whose past
earnings and sales histories will not justify
traditional bank loan financing
start-up businesses with no
financing base
companies with seasonal or uneven
sales patterns
principals
with good or bad credit and cannot obtain
traditional financing
have lost their line of credit
due to covenant violations
All your Business Needs is Receivables
Distributions facilities that need to offer
credit terms to customers utilize our funding program. Resellers
and distributors can easily tap into their receivables asset for immediate cash flow. You may offer credit terms to new and larger customers at an affordable cost, take advantage of early pay discounts offered by your suppliers, buy larger quantities with additional discounts, and countless other opportunities that your
distribution business is missing out on.
Other Financial Services offered to
Distributors, Importers and Resellers:
Purchase Order Financing - 1st Commercial Credit can extend you
even more working capital and release funds you may have tied up in
deposits or letters of credit.
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