Factoring Dallas TX

The purchasing of accounts receivable (invoices) is generally known as factoring. Businesses can sell their invoices to companies known as factors. Not all businesses are familiar with factoring, but they really could benefit from factoring.

Local Companies

Golden Funding Source
972-293-0115
445 E FM 1382 Suite 3-105
Cedar Hill, TX
Jayhawk Acceptance Corporation
(214) 561-7136
2001 Bryan St Ste 600
Dallas, TX
Ace Imports & Financial Services
(972) 241-1771
3340 Belt Line Rd
Dallas, TX
I N I Enterprise
(214) 575-8080
9330 Amberton Pkwy
Dallas, TX
Shelter Mortgage Company Llc
(972) 248-1050
17101 Preston Rd
Dallas, TX
Snipes Roland Office
(214) 521-0747
1432 Waterside Dr
Dallas, TX
Atlas Financial Services
(214) 327-0400
10346 Ferguson Rd
Dallas, TX
Premier Funding
(469) 522-0013
1800 Valley View Ln Ste 160
Dallas, TX
Town North Bank
(972) 391-6000
4455 Lyndon B Johnson Fwy
Dallas, TX
Amity Financial Lc
(214) 692-0392
5646 Milton St
Dallas, TX

In the past, merchants used factoring to settle their trade debts among each other. Fast forward to today’s businesses profiles and it is apparent that factoring is still a very viable business tool for businesses all types and sizes. Can factoring work for your business? Consider the following benefits:

  • Factoring provides a company with a continuous working capital, thus increasing their cash flow.
  • Factoring has no limits, offers quick results and it’s accessible as well as flexible.
  • Factoring stimulates growth and can finance expansion without debt.
  • Factoring can increase production and sales.
  • Factoring is not a lending service, rather it is thought of as a discounted purchase.

Factors do not normally charge interest, they simply buy the businesses invoices at a discount and collect a fee. Do not confuse the purchasing of invoices as a loan. Many small to mid-size companies that apply for a bank loan are usually turned down. Banks consider the amount of assets that a business has in order to secure the loan; Therefore, banks normally require a great deal of collateral from a business before they are approved for a loan. If and when a loan is approved, it may only be a small percentage of the businesses total accounts receivable.

Factors are different, they are not subject to the same guidelines and regulations that banks are. Factors look at the credit worthiness of the business’s customers, not the credit of the business itself. The purchasing of accounts receivable never creates a debt to the business it simply gives them the opportunity to access their future money immediately.

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Featured Local Company

Golden Funding Source

972-293-0115
445 E FM 1382 Suite 3-105
Cedar Hill, TX