Factoring Invoices
As a leading invoice factoring company globally, 1st PMF Capital specializes in assisting young and fast growing companies without the red tape of traditional banks.
Definition: Factoring is the purchase of an invoice at a discount in order to accelerate cash-flow and to reduce the credit risk of the sale by using the factoring companies expertise.
Invoice factoring companies have long served a vital role in financing small to medium sized companies that have often had difficulty in securing traditional bank loans. Companies with $1 to $30 million in annual sales are often perfect fits for an experienced factoring company. A factor can provide extra cash flow by converting a company’s accounts receivable into instant cash in order to purchase more inventory and/or meet growing payroll requirements.
We are dedicated to making the process simple with a quick turn around (within 24 hours in most cases). Our factoring rates are very competitive while also giving our clients the confidence to continue their growth because of our long history in the market and deep experience in factoring invoices in many industries.
PMF’s Invoice Factoring Service Summary:
* Prime plus Banking rates
* Credit Insurance / Letters of Credit
* Financing for Foreign and Domestic Invoices
Our programs are custom designed to serve most companies growth needs for the near and long term. Contact us for more info.