If your Kansas-based business sells to commercial accounts on credit terms, financing receivables may be a great way to improve your immediate cash flow. Rather than having to wait for your customers to pay, with accounts receivable financing you can instantly receive the value of these accounts receivable within days. At 1st Commercial Credit, we are a factor that provides fast decisions on receivable financing (usually the same day) and make the process of obtaining instant cash pain-free.
What Type of Businesses Qualify for Factoring Receivable Financing in Kansas?
There are various different types of business in the area that are likely to qualify for factoring; those involved with the aircraft manufacturing business. A strong agricultural industry necessarily means a strong transportation and logistics industry, too, both of which are also likely candidates for accounts receivable financing.
What kind of Businesses in Kansas Qualify for Factoring Receivables?
If you don't sell on credit terms you won't be able to qualify, and if your sales aren't final it's also likely that you won't be eligible for this type of financing. Generally the professional services and manufacturing based in Kansas selling on credit terms to commercial accounts are more likely to qualify than the retail businesses. We consider each case individually so contact us today for more information.
Asset Based Lending and Purchase Order Financing provided by Factoring Companies
Luckily, however, even if you don't qualify for factoring financing, we at 1st Commercial Credit offer two other options to allow you to instantly improve your immediate cash flow; asset based lending and purchase order financing. Asset based lending allows you to borrow cash on the strength of your business assets including premises, equipment and receivables, while purchase order financing is designed specifically to pay your suppliers. Contact us today to find out which option is the best one for you.
Accounts Receivable Financing is our Business!
Receivable financing rates at 0.69% - 1.59%
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
Customer referrals upon your request
We Make Same Day Decisions Start Today
We Make accounts receivable financing a Simple Process!
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
principals with good or bad credit and cannot obtain traditional financing
have lost their line of credit due to covenant violations
need export receivable financing, credit protection or purchase order financing
Is your business growing faster than your operating capital?
At 1st Commercial Credit, our accounts receivable factoring service is a flexible source of funds for businesses. We are a factoring company that simply utilize your accounts receivable as the collateral and advance funds against the face value of your invoices. The factoring credit line grows proportionately with your sales cycle and we can fund as little as $5,000 a month and up to $10 million for larger companies.
Industries 1st Commercial Credit Factors in the USA:
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.