Do you have a business in Oregon that sells to commercial accounts on credit terms? If so, there's a good chance that you'll be able to release instant cash based on the value of your customer's accounts receivable pending payment through factoring receivables. At 1st Commercial Credit, we make receivable financing easy to obtain with minimal requirements. Because we know that quick decisions are essential, we do our very best to ensure either same-day or next-day decisions in most cases.
Which Businesses Are Qualified by a Factoring Company in Oregon?
Historically, Oregon's economy was very much based on agriculture. To some extent that remains true even today. While the economy of Portland has diversified, it remains the shipping center of the region with its access to the Pacific Ocean. What this means is that there are various industries in the region that qualify for accounts receivable financing. Generally, the businesses we work with tend to sell on open credit terms to other businesses.
Most of the clients we work with are start-up companies, simply because they require cash in order to grow and flourish, but lack the credit history that would allow them to obtain a traditional banking loan. To confirm whether or not your business will qualify, contact 1st Commercial Credit today.
Asset Based Lending and Purchase Order Financing
For those companies who fail to qualify for accounts receivable financing, we offer asset based lending and purchase order financing. Asset based lending allows companies to borrow on the strength of their total business assets, while purchase order financing is designed to allow companies to purchase supplies in order to continue production. For more information on these services, 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!
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.
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.