1st Commercial Credit

We Offer Supply Chain Finance Solutions

Over 18 Years in Business

Recent Transactions

invoice factoring for a receivable financing for a respiratory therapist staffing agency

$350,000

Respiratory Therapist Staffing Agency

invoice factoring for a security guard company nationwide

$6 Million

Security guard company

$350,000 | Invoice Financing for Industrial Coatings Pipeline Repair Company

$350,000 | Invoice Financing for Industrial Coatings Pipeline Repair Company

The customer we financed has large projects that requires a lot of work before the company is able to invoice. The invoice has to be submitted, approved and then takes another 45 days for payment. As you can imagine the tied up cash during this process was putting a stressful situation on our client.

Our client provides pipeline repair and rehabilitation services that require a lot of labor, material purchases that include abrasives, expensive epoxy and polyurethane coatings. The company was buying on credit terms from local suppliers. However, do to the slow payments coming from customers, the suppliers had to place our client on “Cash on Delivery” terms.

The client contacted 1st Commercial Credit and we were able to move quickly and in 5 working days had the client funded with an accounts receivable financing program that gave the company up to 90% eligibility of the accounts receivable value.

The main industrial coatings supplier that provided a unique two part epoxy for internal pipe use, was vital and needed to get paid.

1st Commercial Credit is factoring company that provides no only invoice financing but also purchase order finance for performing accounts.

Learn more about invoice factoring basics

Learn more about factoring receivable questions

Receivable Financing Rates at 0.69% to 1.59%

18 Years In business & Over 3,200 Clients Funded

  • Fast Approval Process
  • No Up Front Fees to Set up
  • No Financials Required
  • Low Credit Score Accepted
  • 3 to 5 Day Initial Setup
  • Free Invoicing Software