Conventional Factoring
Conventional Factoring:
Designed as an interim working capital capability for those clients that do not qualify for true revolving credit lines (clients that may have losses and/or negative equity). This is true factoring and we buy the invoices at a discount.
- Industries: All Industries
- Credit Line Size: $100,000 to $5,000,000 (Larger credit limits to be evaluated on a 1-on-1 basis)
- Receivables: All final billing “type” receivables, except medical
- Requirements: Strong debtors
- Funding Region: Nationwide
U.S. Economic News
- New Mexico Democrats hold up Trump judicial appointments
- ‘I’m very ashamed’: Argentine lawmaker suspended after kissing woman’s breast during virtual session of congress
- Kremlin says EU move not to recognise Lukashenko amounts to meddling in Belarus
- Hotel Rwanda 'hero' admits forming armed group behind deadly attacks
- China says WHO gave blessing for coronavirus vaccine emergency use programme