As Your Business Grows
We Deliver The FUNDS
We Deliver The FUNDS
Accounts receivable financing is used by businesses to convert sales on credit terms for immediate cash flow. 1st Commercial Credit adopts a quick and simple approval process and expedites initial funding in 3 to 5 working days.
learn more1st Commercial Credit is a factoring company in Florida that provides businesses with quick and simple financial solutions. If your company sells services or products to other companies, you will likely be eligible for financing. 1st Commercial Credit finances startups and small businesses in various industries in Jacksonville. Our funding decisions are mainly based on a business’ receivables and do not take into account low or bad credit. A business can obtain the financing needed by selling its accounts receivable to us today. We have more than 18 years of experience and have worked with many industries in Jacksonville. We provide healthcare receivable financing for the healthcare industry, a thriving industry in Jacksonville. We also offer healthcare staffing funding for companies struggling with cash flow issues.
1st Commercial Credit also has experience working with the trucking industry, and we can provide funding for all other sector-related businesses in Jacksonville. Selling your receivables can help solve the issues caused by slow-paying customers right away. When you create an account with us, requesting additional working capital in the future is fast and straightforward.
Other financial solutions 1st Commercial Credit offers are supply chain financing, short-term cash advances against future orders, and purchase order financing.
The medical and healthcare industry are two of the major industries in Jacksonville and 1st Commercial Credit provides working capital for these healthcare providers.. We fund doctors, medical practices, nursing homes, hospitals, home healthcare companies, rehab clinics, MRI and radiology centers, ambulance service providers, laboratories, among others.
We provide invoice factoring services for business owners searching for a reliable, accessible and immediate cash flow solution. , With this type of financing, a business can use its receivables to obtain fast cash and avoid financial challenges while taking care of fulfilling payroll, paying taxes, and covering existing debt. It will also give businesses in Jacksonville the flexibility to expand and acquire bigger contracts without worrying about not having sufficient funds.
By using our lending on receivables services, your business will enjoy immediate access to cash, a straightforward process, and many other advantages. We fund unpaid invoices for small, medium, and large companies in Jacksonville every day and our customers enjoy incredible growth after setting up an accounts receivable factoring agreement with us.
1st Commercial Credit’s receivable factoring services allow our customers to offer credit terms to customers without running into cash flow shortages. We provide fast funding, flexible approvals even if the owner has bad credit, affordable rates, and other financial solutions that help companies experience growth without worrying about cash flow issues.
The northeast part of Florida is a perfect destination for global business. Because of its strategic location, the Jacksonville region allows shippers and retailers to reach a market of more than 70 million consumers. Distributors and wholesalers receive cargo from Jaxport's three marine terminals.
This Florida area also has more than 144 million square feet of available land for warehousing and distribution space, including the most significant industrial park in the region. Much of Jacksonville's development has been driven by significant retailers choosing Northeast Florida to streamline their supply chains, eliminate unnecessary handling of shipments and reduce logistics costs.
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.
It is common for businesses to wait for payment from a client in many industries. This situation can affect and slow down a company's operations and make payments on time challenging to fulfill, preventing you from running the business. 1st Commercial Credit is fully aware of this situation and provides financial solutions for companies in Jacksonville. Our financial solutions allow you to close the payment gaps and continue moving forward. Our factoring services make it easy to obtain funding without turning to high-interest loans. 1st Commercial Credit can review your financial situation and send you fast cash today!
Jacksonville companies no longer have to wait 90 days + for payments. Factoring services can advance a high percentage of the total invoice amount in 24 hours or less and then collect payment directly from your customers. This financial solution will resolve your cash flow struggles while saving time and money to focus on many other aspects of running a successful business. Invoice factoring is a financing alternative available to companies that may not qualify or have an established relationship with a significant lender. A factoring agreement gives business owners more than just immediate access to fast cash.
Some of the additional advantages include:
Factoring Is The Ultimate Financial Solution To Solve Cash Flow Shortages
With factoring, your company will get paid right away for services/products that it has already provided without waiting forever to receive payment. Unlike other lending institutions that can take a long time for processing and approval, financing with 1st Commercial Credit can be done in 24 hours or less. Small businesses and startups with low or bad credit can still qualify and receive funding without issues. If your company has been rejected by other types of financing in the past, factoring is the answer. Our factoring services offer a flexible and attainable financing option for small business owners in Jacksonville. We also provide financing for staffing agencies’ payroll and other cash flow needs.
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.
1st Commercial Credit has extensive experience providing accounts receivable factoring services to Florida and its cities including:
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