Factoring companies in Texas as well as trusted national factors provide funding which businesses rely on to cover expenses and invest in growth.
Factoring companies help businesses of all sizes grow by advancing them up to 90% of their accounts receivable balance upfront. Once your customer pays, the factoring company rebates the remaining balance to you, minus a small monthly fee ranging from 1% – 3%.
Factoring companies can also handle collections if requested, so you don’t have to worry about collecting payments or checking the credit of new customers. Business overhead is reduced by outsourcing accounting and admin functions to your factoring partner.
Focus on delivering for your customers, not worrying about cash flow.