Increase Your Purchase Power
Need extra capital to meet overhead expenses like payroll? Want additional funding so you can expand your business?
When you factor with Furniture Factors and enroll in the non-recourse program, we provide insurance for your funding.
Providing Capital for Growth
Our goal is to enable businesses to focus on profitable growth. In today’s economic environment, companies of all sizes recognize the importance of fully utilizing their resources in order to meet the credit and financing requirements necessary for stability and growth. We can immediately give your company the capital to meet current operating demands and to provide for future expansion.
We give you information on your customers in a precise and efficient manner. We are willing to go the extra mile to give your business the resources you need. Since we do not require that all receivables be factored, you can only use the funds that you want for factoring.
What is Factoring?
Factoring is the practice of purchasing and collecting accounts receivable or advancing cash on your accounts receivable. When a business needs extra capital for any reason, it may be a useful option. Factoring is also known as accounts receivable financing. The concept of AR factoring is for you use the money of the factor to help make you more money.
How Can We Help?
Perhaps, your business does not receive timely payment from customers. You will need cash on hand to take care of business activities such as payroll and operating expenses. Waiting on your receivables to be paid will also limit your business in expansion, prevent you from hiring new employees, buying new equipment, or taking advantage of opportunities that can help your business grow.
We will help!
- NO setup fees
- NO minimum fees
- NO new customer fees
Getting Started is Easy!
When you complete our application and provide us with the necessary documentation, we will develop a funding arrangement that will meet your specific business needs.
We will then fund you with a substantial portion of your accounts receivable we have approved and purchased. Furniture Factors will pay you the remaining balance after we receive payment from your customer.