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


Respiratory Therapist Staffing Agency

invoice factoring for a security guard company nationwide

$6 Million

Security guard company

$1.5 Million Invoice Factoring | Nationwide Animal Feed Supplier

Stock feed supplier financing
Learn how invoice factoring helped an animal feed distributor get an additional $1.5 million in cash flow by using accounts receivable as collateral. This transaction included a subordination negotiated by 1st Commercial Credit's underwriting department that allowed the client to maintain its bank line of credit.

1st Commercial Credit has funded an invoice factoring facility to a nationwide distributor of animal feed that sells to small and large retail outlets including large farms. Quality matters, and our client offers one of the best quality animal feed products available in the country.

One thing for sure that even during the Covid-19 lock down, animals still have to be fed. The company has continued sales and increased the number of retail outlets to sell which created a cash flow shortage between credit terms sales and payables. This is a very common scenario when your sales increase on credit terms and your payables are due before money starts to come in.

Thankfully, we were able to negotiate with the existing bank and allow the line of credit to remain. This was very important for our client. The bank granted us a subordinated lien on specific accounts to give the client additional cash flow. We were able to place an invoice factoring service that gave the client access to an additional $1.5 Million to use.

1st Commercial Credit is an accounts receivable financing company that offers cash flow solutions and supply chain finance for any business selling on credit terms. We are very experienced in getting bank subordinations and have a mutual among all parties involved.

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Financing Distributors and Wholesalers

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