1st Commercial Credit provides invoice factoring and supply chain finance solutions for distributors and wholesalers in Jacksonville, Florida. Distributors are often faced with a lack of capital to satisfy their increasing purchase orders. 1st Commercial Credit offers various cash flow solutions that can be set up in days. We know the importance of reliable cash flow for a company’s success and this is why we have worked hard to come up with various financial alternatives that will make it easy for businesses to get funding.
Our complete supply chain finance solution for distributors and resellers in Jacksonville involves utilizing your customer's financial strength in establishing your invoice factoring credit line. Once we create your account, you will have access to other distribution financial tools we provide.
We can assist your business with our accounts receivable financing and other financial alternatives. Because of the flexibility we offer, you will take your company's capacity to the next level. Having a consistent source of cash flow will save you from spending time trying to figure out how to get the cash to pay for the upcoming bills, payroll, and taxes. Instead, you will now be able to focus that time and energy on business strategies to grow and expand your business.
Today, business owners are more interested in finding lending companies that can work with them and provide them as-needed funding while keeping their businesses away from extra debt. To find out which financing solution is best for your company, 1st Commercial Credit offers to evaluate your specific situation and provide you with several funding options. We are a factoring company in Jacksonville offering three principal financial instruments that distributors need, including invoice factoring, purchase order financing, and trade payable credit.
Jacksonville has a prominent and growing advanced manufacturing industry. This sector benefits mainly from Jacksonville's low cost for business, location, workforce, and land available for industrial sites.
The city also offers a perfect combination for logistics with the transportation infrastructure that includes air, rail, maritime, and highway making it easy for products to be shipped globally. The construction costs in Jacksonville are 15% lower than the nation’s average for the leasing of industrial spaces, making it an affordable and efficient location for advanced manufacturing. The oil and gas industry in Jacksonville is another sector thriving that 1st Commercial Credit can fund. This region continues growing the production and export of liquefied natural gas. All these companies in Jacksonville will potentially face working capital shortages and 1st Commercial Credit can help.
When a manufacturing company in Jacksonville is growing, there are many considerations to make, and how the business growth will be financed is a big one. Growth usually requires investment in infrastructure, marketing, expanded inventory, additional staff, and fixed costs associated with the business. Your Jacksonville manufacturing company should have the ability to grow without worrying about turning down contracts or be forced to minimize the growth because of cash flow shortages.
The reality is that any growing business will have to offer better credit terms to clients, which means payments will take time to arrive. All this comes with running a successful business, and your competitors are experiencing it too. The only difference is whether the right financial partner is selected to go through this with you.
Jacksonville manufacturing companies can start using their accounts receivable assets for business growth. 1st Commercial Credit offers receivable financing to manufacturers in Jacksonville that need to provide credit terms to customers. Your production line will no longer have to be interrupted. Jacksonville businesses can use their receivables assets and exchange them for fast cash flow.
Jacksonville, with 1.28 Million is the most populated city in Florida and the 13th in the United States. People from Jacksonville are often called “Jaxsons” or “Jacksonvillians.” Jacksonville is a great place to visit, and it offers a little bit of everything for all. You can experience both relaxation and family adventures.
JAX has 850 square miles of beaches, parks, outdoor activities such as fishing and golf, museums, art, cuisine, and much more. The neighborhoods in the Jacksonville area offer great places to live for families, young professionals, and people who want to retire.
The city’s location on the St. john River and the Atlantic Ocean has helped the growth of Jacksonville and its industries. The city’s port has placed Jacksonville as a leader in transportation and distribution in the state. The economy in Jacksonville is driven by the service industry, such as banking, insurance, healthcare, biomedical technology, consumer goods, manufacturing, among other sectors. Many successful companies have established their headquarters in Jacksonville. Some examples of these companies are CSX Corporation, Fidelity National Financial, BOA Merrill Lynch, to mention a few.
Jacksonville’s transportation industry is also booming. There is a deepwater port that serves as one of the top vehicle-handling ports in the United States. Jacksonville has four airports, a highway railroad system, and three seaports. The city’s location and transportation industry have contributed to Jacksonville’s success in the import-export sector, making it a major center for this industry.