Factoring Company in North Carolina - 1st Commercial Credit
Most Popular Industries
Does Your North Carolina Business Need Accounts Receivable Financing?
If your business has been struggling with poor cash flow despite healthy sales, it may be the case that you would benefit from accounts receivable financing, otherwise known as factoring receivables. This involves selling customer accounts that are yet to be paid to a financing company known as a factor for a small fee.
At 1st Commercial Credit, we make accounts receivable financing easy to obtain with minimal requirements. Because we understand that time is often an important factor, we do our best to make same-day decisions in most cases.
Which Industries Does a Factoring Company Qualify in North Carolina?
As a rough guide, generally the types of business that we work with are those who sell on open credit terms to other businesses. That doesn't mean that those who sell to the public are ineligible, but it is simply more likely that selling on open terms will be conducted with another business. In North Carolina there is a strong industrial presence, with many companies producing cigarettes, textiles and furniture.
The reason we receive so many applications from the area is that manufacturers tend to sell to other businesses on open credit terms. In Charlotte, there is a particularly strong distribution industry. Again, because logistics companies work with other businesses, usually on credit terms, factoring is often a convenient way for these businesses to obtain instant payment.
Which North Carolina Industries Don't Qualify for Factoring Receivables?
If you don't sell on open credit terms, it's unlikely that your business will qualify for accounts receivable financing. Similarly, if you offer refunds or a dispute process, it may not be possible to sell these accounts as it's possible for sales to be reversed.
In that case, we offer asset based lending and purchase order financing as further options. For more information, contact 1st Commercial Credit 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!
A two page application
An accounts receivable aging report
A customer list with credit limit request
Copy of articles of Incorporation or DBA filing
Purchase orders or rate confirmation agreements
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.
City Served in North Carolina: Aberdeen Abshers Acme Adams Advance Aho Ahoskie Alamance Alarka Albemarle Albertson Alexander Alexander Mills Alexis All Healing Springs Allen Jay Alliance Allison Almond Altamahaw Altamont Amantha AMF Greensboro Amity Andrews Angier Ansonville Apex Apple Grove Aquadale Aquone Arapahoe Ararat Arcadia Archdale Archers Lodge Arden Ardmore Arlington Arnold Ash Ash Hill Asheboro Asheville Ashland Assembly Atkinson Atlantic Atlantic Beach Aulander Aurora Austin Autryville Avon Ayden Aydlett Ayersville Badin Badin Air National Guard Sta Bagley Bahama Bailey Bakersville Bald Head Island Baldwin Ball Balm Balsam Balsam Grove Bamboo Banner Elk Barber Barco Barium Springs Barnardsville Barnesville Barrett Barriers Mill Bat Cave Bath Baton Battleboro Bayboro Bear Creek Bear Poplar Beargrass Beaufort Beaver Creek Beech Bottom Beech Creek Beech Mountain Belews Creek Belhaven Bellarthur Bells Cross Roads Belmont Belvidere Belville Belwood Benham Bennett Benson Bermuda Run Bessemer City Bethania Bethel Bethlehem Beulaville Biggs Park Biltmore Biscoe Bixby Black Creek Black Mountain Blackburn Bladenboro Blanch Blanche Blounts Creek Blowing Rock Bluff Bly Boger City Boiling Spring Lakes Boiling Springs Bolivia Bolton Bonlee Bonnie Doone Boogertown Boomer Boone Booneville Boonville Bostic Bostic Yard Boulevard Bowdens Bradfords Cross Roads Brandon Branon Brasstown Brentwood Brevard Bridgeton Bridgewater Brightwood Brindle Town Broadway Brook Cove Brooks Cross Roads Brown Mountain Beach Browns Summit Brownwood Brunswick Bryson City Buck Shoals Buckhorn Buffalo Cove Buffalo Lake Buies Creek Bullock Bunn Bunnlevel Burch Burgaw Burkemont Burlington Burningtown Burnsville Busick Butner Butters Buxton Bynum Calabash Caldwell Call Calvin Calypso Camden Cameron Cameron Village Camp Lejeune Camp Springs Canden Candler Candor Canton Cape Carteret Cape Fear Cape Hatteras National Seash Cape Hatteras Naval Facility Cape Lookout National Seasho Carbonton Caroleen Carolina Beach Carolina Hills Carpenter Bottom Carrboro Carthage Cartoogechaye Cary Casar Cashiers Castalia Castle Hayne Casville Caswell Beach Catawba Catawba Heights Cedar Falls Cedar Grove Cedar Island Cedar Mountain Cedar Point Cedar Valley Celeste Hinkle Center Centerview Cerro Gordo Chadbourn Champion Chapel Hill Charles Charlotte Cherokee Cherry Lane Cherry Point Cherry Point Marine Corps Ai Cherrygrove Cherryville Chesterfield Chestnut Dale Chestnut Hill Chimney Rock China Grove Chinquapin Chocowinity Churchland Cid Claremont Clarendon Clarkton Clayton Clemmons Cleveland Cleveland Springs Cliffdale Cliffside Clifton Climax Clingman Clinton Clyde Coats Cofield Coinjock Colerain Coleridge Colfax Collettsville Collington Colon Columbia Columbus Comet Comfort Como Concord Conetoe Connelly Springs Conover Conway Cool Spring Cooleemee Copeland Corapeake Cordova Corinth Cornelius Corolla Correll Park Cotton Grove Cottonville Council Country Park Acres Countyline Courtney Cove City Cowee Crabtree Valley Cramerton Cranberry Cranberry Gap Creedmoor Creston Creswell Cricket Crisp Crossnore Crouse Crowders Crumpler Culberson Cullasaja Cullowhee Cumberland Cumnock Currie Currituck Cycle Dallas Dalton Dana Danbury Daniels-Rhyne Darby Darkridge Davidson Davis Deep Gap Deep River Deep Run Deerfield Dehart Delco Delight Denny Denton Denver Devotion Dillsboro Dimmette Dobbins Heights Dobbinsville Dobson Dockery Dolinger Doolie Doran Dortches Dosier Double Island Double Shoals Doughton Dover Downtown Draco Drake Draper Drexel Drums Crossroads Duan Dublin Dudley Dudley Shoals Duke Duke University Duncan Dunn Duraleigh Durants Neck Durham Eagle Eagle Rock Eagle Springs Earl East Bend East Carolina University East Fayetteville East Flat Rock East Franklin East Lake East Laport East Laurinburg East Monbo East Spencer Eastover Eden Edenton Edgemont Edneyville Edward Edwards Crossroads Efland Ela Eliz City Elizabeth City Elizabeth City Coast Guard A Elizabethtown Elk Park Elk Valley Elkin Ellenboro Ellendale Eller Ellerbe Ellijay Ellisboro Elm City Elmwood Elon Elon College Emerald Isle Emerson Emerywood Emit Enfield Engelhard Enka Enka Village Ennice Eno Valley Enola Enterprise Erastus Ernul Erwin Erwin Heights Essex Estelle Ether Etowah Eufola Eure Eureka Eutaw Everetts Evergreen Fair Bluff Fairfield Fairmont Fairplains Fairview Fairview Cross Roads Faison Faith Falcon Falkland Fallston Farmers Store Farmington Farmville Fay Fayetteville Fayetteville Municipal Airpo Fearrington Village Feezor Ferguson Fig Finger Finley Fisher Town Five Points Flat Rock Flat Springs Flay Fleetwood Fletcher Flint Hill Flowes Store Fontana Dam Footsville Forest City Forest Oaks Fork Fort Barnwell Fort Bragg Fort Caswell Fort Fisher Air Force Statio Fort Macon Coast Guard Base Fort Raleigh City Fort Raleigh National Histor Foscoe Fountain Fountain Hill Four Oaks Foxfire Foxfire Village Frank Franklin Franklinton Franklinville Freemans Mills Fremont Friendship Frisco Frog Level Frog Pond Frogsboro Fulp Fuquay Varina Gamewell Garland Garner Garysburg Gaston Gastonia Gates Gatesville George Germanton Gerton Gibson Gibsonville Gilkey Glade Valley Glass Glen Alpine Glen Raven Glendale Springs Glendon Glenola Glenville Glenwood Globe Gloucester Godwin Gold Hill Golden Goldsboro Goldston Gordontown Goshen Grace Grace Chapel Gragg Graham Grandfather Grandview Heights Grandy Granite Falls Granite Quarry Grantsboro Grassy Creek Grays Chapel Grayson Green Level Green Mountain Greenhill Greenriver Greensboro Greensboro BMC Greensboro-High Point-Winsto Greenville Grifton Grimesland Groomtown Grover Groves Guilford Guilford College Guilford Courthouse National Gulf Gumberry Gumtree Guthrie Halifax Halls Mills Hallsboro Hamilton Hamlet Hampstead Hamptonville Hamtown Handy Hanes Hannersville Happy Valley Harbinger Hare Harkers Island Harmony Harpers Crossroads Harrells Harrellsville Harris Harrisburg Harrison Cross Roads Hartland Hartman Harts Store Hassell Hatteras Havelock Haw Branch Haw River Hayes Hayesville Haymount Hays Hazelwood Healing Springs Heaton Hedrick Grove Helton Hemby Hemby Bridge Henderson Hendersonville Hendrix Henrico Henrietta Hertford Hickory Hickory Knoll Hicks Crossroads Hiddenite Higdonville High Point High Rock High Shoals Highfalls Highlands Hildebran Hillcrest Hillsborough Hillsdale Hilltop Hobbsville Hobgood Hobucken Hodges Gap Hoffman Holden Beach Hollis Hollister Holly Grove Holly Ridge Holly Springs Hookerton Hope Mills Horse Shoe Hot Springs Houstonville Hubert Hudson Hughes Huntersville Hunting Creek Hurdle Mills Husk Icard Idlewild Index Indian Trail Ingalls Ingold Iotla Iron Station Ivanhoe Jackson Jackson Springs Jacksons Creek Jacksonville Jamestown Jamesville Jarvisburg Jefferson Joe Jonas Ridge Jonesboro Heights Jonesville Joy Joyceton Joynes Julian Kannapolis Kapps Mill Kelford Kellersville Kelly Kenansville Kenly Kennebec Kennells Beach Kernersville Kilby Kill Devil Hills Kimesville King Kings Creek Kings 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Margarettsville Marietta Marion Marler Mars Hill Marshall Marshallberg Marshville Marston Matney Matrimony Matthews Matthewstown Maury Maxton Mayhew Mayodan Maysville Mayview Park Mazeppa MCAS Cherry Point McCain McCullers McCutcheon Field McDonald McGrady McLeansville Meadow Meadow Creek Meadow Summit Meat Camp Mebane Merritt Merry Hill Micaville Micro Middleburg Middlesex Middletown Midland Midway Midway Park Mill Creek Mill Spring Millboro Millers Creek Millersville Millingport Mills River Milton Milwaukee Mineral Springs Minneapolis Mint Hill Misenheimer Mocksville Moncure Monroe Monroeton Montezuma Monticello Montreat Moores Creek National Battle Mooresboro Mooresville Moratock Moravian Falls Mordecai Morehead City Morganton Morrisville Mortimer Morven Mount Airy Mount Gilead Mount Herman Mount Holly Mount Mourne Mount Olive Mount Pleasant Mount Tabor Mount Ulla Mount Vernon Mount Zion Mountain Home Mountain Park Mountain View Moxley Moyock Muddy Creek Mulberry Murfreesboro Murphy Myers Nags Head Nakina Naples Nashville Nathans Creek Naval Hospital Navassa NC Baptist Hospital NC State University Nebo Needmore Neuse Neuse Forest New Bern New Hanover County Airport New Hill New Hope Academy New House New Leaksville New London New River Marine Corps Air S New Salem Newell Newland Newlife Newport Newsom Newton Newton Grove Norlina Norman North North Albemarle North Concord North Durham North Elkin North Hills North Wilkesboro Northside Norton Norwood Norwood Hollow Oak City Oak Hill Oak Island Oak Park Oak Ridge Oakboro Ocean Isle Beach Ocono Lufty Ocracoke Ogden Okeewemee Old Fort Old Sparta Olde Farm Oldtown Olin Olive Branch Olivers Crossroads Olivette Olivia Ophir Oregon Hill Oriental Orion Orrum Osbornville Osceola Osgood Osmond Ossipee Oteen Otto Oxford Pactolus Paint Rock Palestine Palmyra Pantego Parker Parks Crossroads Parkton Parkview Parmele Parsonville Patetown Patterson Patterson Springs Paw Creek Paynes Store Peace Haven Estates Peachland Peden Pelham 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Riegelwood River Haven Riverside Roanoke Rapids Roanoke Rapids Air Force Sta Roaring Creek Roaring Gap Roaring River Robbins Robbinsville Robersonville Rock Creek Rockford Rockingham Rockwell Rocky Mount Rocky Point Rodanthe Roduco Rolesville Rominger Ronda Roper Rose Hill Roseboro Rosman Rougemont Round Peak Rowland Roxboro Roxobel Royal Oaks Royal Pines Rudd Ruffin Rural Hall Rusk Ruth Rutherford College Rutherfordton Rutherwood Saddle Saint Pauls Salem Salemburg Salisbury Salter Path Saluda Salvo Sands Sandy Mush Sandy Ridge Sanford Sapphire Saratoga Saxapahaw Scaly Mountain Scotland Neck Scotts Scottville Scranton Seaboard Seagrove Sealevel Sedalia Sedgefield Sedges Garden Selma Semora Senia Setzer Gap Seven Devils Seven Lakes Seven Springs Severn Seward Seymour Johnson AFB Shacktown Shady Brook Shallotte Shallowell Shannon Shannon Plaza Sharon Sharpsburg Shatley Springs Shawboro Shelby Sherrills Ford Sherwood Shiloh Shingle Hollow Shoal Shulls Mills Sidestown Siler City Silk Hope Siloam Silver Valley Silverstone Simpson Sims Skyland Smethport Smithfield Smyre Smyrna Sneads Ferry Snow Camp Snow Hill Soapstone Mountain Sophia Soul City South Albemarle South Brunswick South Gastonia South Greensboro South Hills South Lexington South Mills South Newton Southern Pines Southern Shores Southmont Southport Sparta Spear Speed Speedwell Spencer Spencer Mountain Spindale Spray Spring Creek Spring Hope Spring Lake Spring Valley Springfield Spruce Pine Spurgeon Stacy Staley Stallings Stamey Branch Stanfield Stanley Stanleyville Stantonsburg Star Startown State Road State University Statesville Statesville West Stedman Stella Stem Stokes Stokesdale Stoneville Stonewall Stonewall Jackson Training S Stoney Creek Stony Fork Stony Knoll Stony Point Stovall Stratford Stumpy Point Sturgills Sugar Grove Summerfield Summit Sunbury Sunny Point Military Ocean T Sunnyside Sunset Beach Sunset Harbor Sunshine Supply Surf City Sussex Swainsville Swan Station Swancreek Swannanoa Swanquarter Swansboro Sweetwater Swepsonville Sylva Tabor City Talleys Crossing Tamarack Tapoco Tar Heel Tarawa Tarawa Terrace Tarboro Taylorsville Teachey Tennessee Acres Terrell Theta Thomasville Three Mile Thurmond Tillery Timberlake Toast Tobaccoville Todd Toliver Toluca Topia Topsail Beach Topton Townsville Tramway Traphill Treetop Trent Woods Trenton Trinity Triplett Troutman Troy Trust Tryon Tuckasegee Tuckerdale Turkey Turnersburg Tuxedo Twin Oaks Tyner Tyro Unaka UNC A Chapel Hill Schls Adm Union Union Cross Union Grove Union Mills University of NC Upper Pig Pen Upton Uwharie Valdese Vale Valle Crucis Valley Valmead Vanceboro Vandalia Vandemere Vander Vashti Vass Vaughan Victory Vienna View Mont Viewmont Vilas Waco Wade Wadesboro Wadeville Wagoner Wagram Wake Crossroads Wake Forest Walkertown Wallace Wallburg Walnut Cove Walnut Creek Walsh Walstonburg Wanchese Warne Warrensville Warrenton Warrior Warsaw Wash Washburn Store Washington Watauga Watha Waughtown Waves Waxhaw 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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.
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Receivable Financing Rates
0.69% - 1.59% or Prime +2% & Admin Fee
Quick Approval Process!
No Financials up to $350k
Easy Set-Up in 3 to 5 Days
Request a Quote Online