Factoring in West Palm Beach – Palm Beach County

    Palm Beach Factoring

    As our office is located in Delray Beach, we know a thing or two about Palm Beach’s economy. Whether your B2B company is located in West Palm Beach, Delray, Boca or any other town in our lovely Palm Beach paradise, we have a solution for you! We pride ourselves in providing quality factoring services to our Florida neighbors. Give us a call and one of our relationship managers will gladly assist you in accessing the cash flow you need.

    Our West Palm Beach factoring rates begin at 0.51%.

    We offer speedy account set-up.

    We typically provide funding within 24 hours from invoice submission.

    You are assigned your own relationship manager who will provide you with a personal service and will deal with every aspect of your invoice factoring process.

    You don’t have to factor all your invoices, as your company grows you can be selective and only factor the invoices you wish to.

    Why choose factoring?

    Many clients come to us having never used invoice factoring before. Hence we’ve created an easy-to-read yet thorough guide to factoring. We’ll purchase your invoices that haven’t yet been paid, advance you 75-95% of the invoice worth, and then pay you the remainder, minus our fees, when your customer pays the invoice. Our staff goes to great lengths to avoid unnecessary contact with your customers.

    Invoice Factoring

    A Simple Guide for Beginners

    Read

    Are you a good candidate?

    Are you having some issues obtaining a loan from a traditional bank as a result of credit or financial issues? We can be your source of immediate cash without the annoyances of borrowing from a bank, friends or family. Accounts receivable factoring could be the perfect solution for your business.

    Invoice factoring provides the cash flow finance and debt management solution that your business needs to succeed.

    Our flexible factoring programs free up cash from your invoices as

    soon as they are issued, giving you an instant injection of funds that grow in line with your business and protect you against late payment from your customers.

    We offer receivable finance to any business supplying goods or services to other creditworthy businesses, government agencies or local authorities.

    Some Industries We Serve

    Medical Staffing

    If you run a healthcare staffing company, you likely have a large payroll to meet the demands of healthcare in Palm Beach County. We understand you just want to focus on offering your clients quality healthcare, but unfortunately the burden of payroll and other funding issues get in your way. Receivables factoring may be the best fix, as it can lift that burden and allow you to focus on what you do best. We not only purchase your invoices, but monitor the creditworthiness of your customers in order to guarantee you’ll be paid. Our relationship managers are trained to manage your invoices in an unobtrusive yet responsible manner.

    Transportation

    West Palm Beach and neighboring towns host many transportation equipment companies to service the large demand for various modes of transportation in the area. It is only natural for business owner to want to expand and take more customers. That, of course, comes with great costs for equipment and payroll that business owners may not be able to pay. Ironically, the more you grow, the more you are hindered by funding issues. Invoice factoring creates the ability cover these expansion costs without accumulating debt. We simply purchase your invoices so that you can focus on growing your business without worrying about your customers paying their invoices.

    Agriculture

    With a tropical climate and year-round growing season, Palm Beach County offers a large variety of crops. Naturally, many agriculture companies compete to grow and distribute Florida’s finest. The unfortunate truth, however, is that customers don’t always pay on time. Perhaps your customer is a retail business with poor sales. If they can’t pay you for that last shipment of oranges, your business suffers. This is where we can help. We purchase your invoices so that you can use the cash from invoices immediately, rather than waiting for customers to pay.

    Manufacturing

    Manufacturing is an important industry in Palm Beach County. Trends are constantly shifting and new business demands spring up unexpectedly. In order to keep up, business owners need cash to adjust to these demands with new development and new products. Unfortunately small and/or new businesses don’t always have the cash and they don’t have the credit history necessary to get a traditional bank loan. In this case, invoice factoring is the best option. We provide immediate cash flow so that companies can keep up with the madness. Another issue with small manufacturing companies is that sudden large customer acquisition can put a strain on payroll and production finances. Accounts receivable factoring allows you access cash from previous sales, which you can put towards future sales!

    While Palm Beach County is experiencing rapid economic growth, there will always be times when businesses simply need more working capital. While we are eager to work with many types of B2B companies, we most often provide services to businesses in the fields of aerospace, agriculture, construction, healthcare, staffing and trucking. Regardless of your industry, we will do our best to find a solution for you.


    Zero bureaucracy. Deal directly with a Palm Beach factoring decision maker from the initial phone call.
    Call 1.855.424.2956 Now
    to talk to one of our managers.

    Florida Business Capital Information
    Contact Us