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As Your Business Grows,We Deliver the FUNDS

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We Lend More Than The Bank

Factoring Company in New Hampshire - 1st Commercial Credit

Most Popular Industries We Fund

Temporary Staffing Agencies

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Trucking Companies

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Manufacturing

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Distributors

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Trade Factoring

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Service Industry

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Oil Industry

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Construction

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How Can Your New Hampshire Business Benefit by Factoring Receivables?

If you've ever wished that your customers could settle their accounts just a little bit faster, you may be interested in accounts receivable financing. This is the process whereby customer accounts yet to be paid are sold to a factoring company for a small fee. The customer then pays the sum due to the factor.

At 1st Commercial Credit, we make accounts receivable financing easy to obtain with minimal requirements; most of the time we're even able to give a same-day decision. If your Hampshire-based business sells to commercial accounts on credit terms, then contact us today to discuss how we can improve your cash flow.

Call now for details at 1 800 876 6071  Start Today

Factoring Companies Qualify businesses in New Hampshire?

While many of the businesses we work with are involved with the transportation industry, the applications we receive from businesses in New Hampshire tend to be within the distribution and manufacturing industry based in Concord. The city of Concord may have the biggest distribution industry in the usa, so it's no surprise that we receive so many applications from these businesses in the area. Concord also has several industrial construction companies which are very suitable candidates for accounts receivable financing.

What all of these businesses have in common is that they all sell to other businesses on open credit terms, and those sales are “final sale.” Although it's not necessary to sell to other businesses rather than the public, these tend to be the types of industry most suitable for factoring.

Most of our clients are fast growing start-up companies whose past earnings and sales histories will not justify a traditional loan. Unlike banks, our financing programs can accommodate start-up operations with no financial base to rely upon or companies with seasonal or uneven sales patterns.

What Happens if Your Business Fails to Qualify for Accounts Receivable Financing?

If in the unfortunate circumstance that your business doesn't qualify for accounts receivable financing, here at 1st Commercial Credit we offer two other services to help you release instant cash. The first is asset based lending, and the second is purchase order financing. To find out more about either of these services, contact us today.

Financing Receivables 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!

Call now for details at 1 800 876 6071   USA & Canada 

  1. A two page application
  2. An accounts receivable aging report
  3. A customer list with credit limit request
  4. Copy of articles of Incorporation or DBA filing
  5. Purchase orders or rate confirmation agreements
  6. Invoices to factor

Most of our clients are either:

  • 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 receivable factoring service is a flexible source of funds for businesses. We are a factoring company that simply utilizes your accounts receivable as the collateral and advance money against the face value of your invoices. Financing receivables is a credit line that 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.

Call now for details at 1 800 876 6071  Start Today

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