Advantage Business Capital’s staff has over 60 years of experience providing factoring services for a wide range of industries. Factoring is a well-established method of meeting the financing needs of growing businesses. As a subsidiary of Central Bank, Advantage Business Capital has the financial strength and experience to handle each transaction with professional and friendly service.
How Does Factoring Work?
- Advantage Business Capital purchases your accounts receivable and advances up to 90% of verifiable invoices.
- The remaining balance of the invoices, less our discount, is paid to you after we receive payment from your customer.
- After the initial approval, funds are typically available within 24 hours of request.
- Recourse and Non-Recourse Programs
- High Advance Rates
- 24-hour Turnaround
- $25,000 to $5 Million
- Timely and Detailed Reporting
Additional Benefits:
In addition to the benefits of immediate cash flow, factoring offers other advantages to companies on the path to success. By factoring with Advantage Business Capital, you will have the support of a full-service receivable management system. With detailed accounts receivable aging reports, activity reports, and customer credit reviews, you will be fully informed and able to focus your energy on sales instead of credit and collections.
Factoring with Advantage Business Capital gives you more control over your accounts receivable with:
- Customer Credit Reviews
- Detailed Reporting
- Improved Credit
- Reduced Overhead and Operating Expenses
- Bank Affiliation
