Warning: file_exists(): open_basedir restriction in effect. File(/var/www/vhosts/slahusa.hebergement-com4design.fr/httpdocs/wp-content/plugins/wp-rocket/inc/vendors/classes/class-rocket-mobile-detect.php) is not within the allowed path(s): (/data/3/5/35/71/5687234/user/6790819:/tmp) in /data/3/5/35/71/5687234/user/6790819/htdocs/wp-content/advanced-cache.php on line 6

Warning: file_exists(): open_basedir restriction in effect. File(/var/www/vhosts/slahusa.hebergement-com4design.fr/httpdocs/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php) is not within the allowed path(s): (/data/3/5/35/71/5687234/user/6790819:/tmp) in /data/3/5/35/71/5687234/user/6790819/htdocs/wp-content/advanced-cache.php on line 36
Factoring Business with Commercial Factoring, Contract Factoring & Factoring Loan

Factoring Business

Experience Factoring Business Done Right

We’re ready to show you why nobody performs better export factoring than First Financial Factoring. Our factoring business is based on the belief that a deep understanding of our clients’ industries results in faster cash advances, lower rates and active roles in helping our clients reach their long term goals. While many other small business factoring companies are choosing to specialize in specific industries and business sectors, we’ve equipped ourselves to respond to everyone by hiring a comprehensive staff of industry insiders.

So whether you work in construction, health care, trucking or in any other market, we can offer alternatives to financing your business that are developed with a complete understanding of your company’s needs and priorities. No other funding provider in our industry can match this level of flexibility and expertise.

Alternatives to Financing Your Business

If you’re either having a hard time paying your operating costs due to lengthy billing cycles or you just don’t have the cash on hand that you need to expand, you might be considering loans or venture capitalists as a means of funding your company. But there are alternatives to financing your business that don’t involve tying up your assets or turning over partial control of your company to someone else. Factoring your accounts payable with us allows you to collect on your invoices immediately through cash advances at affordable rates.

A factoring business is preferable to a bank loan because the rates are far more competitive and because you’re not borrowing against capital you haven’t earned yet. And compared to venture capitalists, factoring allows you to maintain a steady income while retaining complete control over the direction of your business.

Top 10

Check out the top 10 reasons more trucking and
freight companies choose us:

1. More cash flow.

Compared to other financial institutions, First Financial Factoring has unique experience in trucking that enables us to get better terms and pass them on to you.  Bottom line, we charge you the lowest rates and deliver the best advance rates in the business.

2. Greater loyalty.

Drivers and owner-operators who get paid on time deliver better and more consistent service to your customers. Your financial reliability to them means having a team that will watch your back.

3. More time.

When you can forget about chasing down invoices, juggling payments and generally sweating the financials, you can concentrate on how to take your freight business to the next level.

4. Fewer bad debt expenses

Our careful screening and approval of your customer’s credit means you never pick up a load until you know payment will be there.

5. Getter credit.

With factoring, your company incurs no debt. Your balance sheet looks good to other financiers and that improved credit rating leads you to develop your trucking operation however you see fit.

6. Increased sales.

The flexibility that our reliable cash flow provides you the power to expand your business a little or a lot and bring in more revenue.

7. Less hassle.

No more collection agencies. No more tough-to-make client calls. One of our professionals will be dedicated to managing all your open invoices.

8. More loads and better routes

When you can afford to work with bigger organizations who tend to require 30 to 45 day payment schedules, those high paying brokers and shippers give you more business and better terms.

9. Less wasted money.

A predictable cash flow that covers your daily expenses like diesel, repairs, and permits, helps avoid costly fines, penalties and bank overdrafts.

10. More know-how.

50 years on the job with every conceivable kind of trucking company gives First Financial Factoring the background to make things go faster and smoother, keep your customers happier, and bring you greater value every day.