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Financing & Factoring Produce

Financing & Factoring Produce

Over 3,200 clients funded
Do you need cash now to pay your grower payables?
No up font fees to set up
No financial required
Funding in 3-5 days
Rates at
0.69% to 1.59%
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We Lend MORE Than The Bank

Financing & Factoring Produce

Do you need cash now to pay your grower payables?
Request a quote
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$210,000

Valve Importer PO Funding
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$650,000

Invoice Factoring For Cyber Security Company

Invoice Factoring with PACA Related Receivables for Produce and Agriculture Distributors

Our agriculture receivable factoring program is a unique financial tool and requires account representatives that specialize in meeting PACA’s strict requirements.

At 1st Commercial Credit, setting up an accounts receivable credit line in the produce industry is a streamlined process.

Unlike most banks and financial lenders, we know the special characteristics of the agricultural industry inside and out. 1st Commercial Credit is staffed with people that know the process, challenges and the opportunities that await your business.

Would your business benefit by converting your accounts receivable to working capital?

Keeping up with your payables to growers is a challenge when you sell your produce on credit terms

Produce clients that come to us usually have the same cash flow issues. The growers usually are cash on deliver or pickup, and the customers want credit terms of 14 to 21 days. The cause a tremendous cash flow gap when you are trying to grow your distribution company.

18+ Years In Business
We Attract Clients That Experience:
Growing faster than their cash flow
Uneven seasonal sales volume
Require Funding in 3 to 5 days
Lose their line of credit at the bank
Slow cash flow due to a slow payments
Need export receivable financing
Need import payable financing
Require purchase order financing
Factoring rates at 0.69% to 1.59%

Any produce company can qualify for this program as long as they:

Sell credit worthy businesses.
Have not pledged accounts receivable as collateral.
Sell to commercial accounts (no individual consumers)
Payables is less than your accounts receivable
Profit and Loss statement must show retained earnings
1 Year In Business & Minimum $50,000 a month in sales volume
Receivable Financing Rates at 0.69% to 1.59%
18 Years In business & Over 3,200 Clients Funded
Fast Approval Process.
No Financials Required.
3 to 5 Day Initial Setup.
No Up Front Fees to Set up.
Low Credit Score Accepted.
Free Invoicing Software
Request A Callback Today!
Receivable Financing Rates
Financing Rates at 0.69% to 1.59%
◽️
Quick Approval Process!
◽️
Easy Set-Up in 3 to 5 Days.
◽️
No Financials up to $350k.
◽️
Over 18 years in business.
Schedule A Callback
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