Accounts Receivable Factoring | Receivable Finance
Accounts receivable factoring provides a simple way for a business to sell its outstanding account receivables to a factoring company.
If you are starting a new business or if you are well established within your industry, it is inevitable that eventually you will need more working capital in order to grow.
If you have large commercial accounts that you sell to on credit, then financing your receivables may be the best option for you.
How Fast Will I Be Funded?
At GrowCo, our receivable financing program is designed to provide you with immediate funds to help you in a cash flow shortage. We use your receivables that you've obtained from sales on credit terms to get you funded quickly.
We have a quick turnaround time for our approval and funding process. And if you need a decision in 24 hours, we have an expedited service that can accomodate your needs as well.
Will I Qualify for Receivable Factoring?
As a business owner you know the challenges of obtaining financing through traditional lending institutions. When you factor your receivables with GrowCo, we won't be asking you for mounds of paperwork or lengthy credit applications.
The credit line we make available to you is based on the financial strength of your customers, not your business. If the companies you sell to are financially sound, you will likely be approved for accounts receivable financing.
Why Factor Receivables?
- Upgrade any or all of your business equipment
- Meet your monthly obligations - like rent and payroll
- Catch up on your business taxes
- Expand marketing and advertising efforts
- Buy inventory or supplies
- Pay past due bills or accounts
- Take advantage of expansion opportunities
- And whatever else you like – it’s your choice!
Give us a call today at (877) 267-0500 or complete our quick application above to get started obtaining the cash you need.
Benefits of Factoring with GrowCo:
- Rates as low as .5%
- Funds deposited into your account within hours
- No long-term contracts
- No minimum volumes or minimum fees
- Factor only when you want
- Factor only the invoices you want
- Flexible and creative financing programs other than factoring
- Super fast approval
- No application fees
No Financials Needed. No Application Fees. Creative Financing for Any Industry. Rates as Low as .5%.
Call us 24 Hours a Day, 7 Days a Week: (877) 267-0500.