Accounts Receivable Financing for Wisconsin Businesses
If you have a business in Wisconsin that sells to commercial accounts on credit terms, you may well qualify for accounts receivable financing. Many businesses in the area struggle with cash flow shortages at certain times of the year and find that factoring receivables is a great way of releasing cash without having to resort to a traditional banking loan. Here at 1st Commercial Credit, we make accounts receivable financing easy. Our application process is simple and quick, and we try our best to make all decisions either that same day or the next business day. Call us today for more information on how accounts receivable financing works.
Which Businesses Qualify for Accounts Receivable Financing in Wisconsin?
The badger state is a center of dairy production, which means that we receive many applications each year from businesses involved with the production or distribution of dairy products. This includes dairy farms as well as the businesses they sell raw produce to in order to develop various foodstuffs. Any business can qualify for accounts receivable finance if it generates sales on open credit terms to credit worthy businesses, but we do maintain that sales must be final.
Most of our clients are fast growing companies whose past earnings and sales histories will not justify a traditional loan. Unlike banks, we can accommodate start-up operations with no credit history to speak of or financial base to rely upon. That's because we're most interested in the credit-worthiness of your customers rather than your business itself.
Other options Factoring Companies offer:
Because we know that not all businesses in the area will qualify for accounts receivable financing, we also offer the options of asset based lending and purchase order financing. For more information on these products, and for confirmation of whether or not your business will be eligible for accounts receivable financing, 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.