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
- A Wuhan seafood vendor believed to be one of the first coronavirus patients says 'a lot fewer people would have died' if the Chinese government acted sooner
- California Gov. Newsom commutes sentences for 21, including killers
- Italy, Spain suffer record virus deaths as British PM tests positive
- Dour Moscow mayor сomes to fore as 'PM for coronavirus'
- Hedge funds are pouncing on companies infected by coronavirus