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Accounts Receivable Finance from Factoring Receivables & Account Receivables Factoring

Receivable Finance

Consult Accounts Receivable Finance Experts

At First Financial Factoring, we don’t try to make one funding system work for every client. We employ knowledgeable accounts receivable finance professionals that have the experience necessary to create completely customized financing plans. Every account is individually tailored to the budgets, payment cycles, invoicing procedures and specific needs of each client. This is the only way we can ensure that financing accounts receivable through factoring is a profitable and viable option for every business. And although we put a great deal of effort into customizing these plans, we can still get our new small business factoring accounts set up in five business days or less. If you need immediate solutions for your cash flow problems, call us or apply online today to get started.

Start Financing Accounts Receivable Affordably

There are several different kinds of corporate finance opportunities, and all of them come with unique costs. If you’re considering financing accounts receivable so that your company has more available cash, beware of the high costs of bank loans and venture capitalists. Bank loans force you to borrow money that your company technically hasn’t earned yet, which ties up your business’ assets and results in hefty interest fees. Seeking help from a venture capitalist can sometimes result in a more affordable interest rate, but the biggest cost usually comes in the form of losing a certain amount of control over your business decisions. Factoring is the most overall affordable accounts receivable finance solution because it allows you to receive cash advances on all of your outgoing invoices at rates as low as 1%. This solution also leaves you in complete control of your company, and frees up your assets so that you may use them as you wish.

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.