New Jersey Factoring Companies For Your Business
Whether your business is in Newark, Lakehurst, Atlantic City, or anywhere else in the Garden State, an invoice factoring company in New Jersey can help you grow with a steady source of working capital. If your company is experiencing fast growth, has experienced a decrease in sales, has bad or no credit, or is just starting up and needs fast funding, invoice factoring can help!
Why Select a New Jersey Factoring Company Over a Bank?
Banks are heavily regulated, even as far as invoice factoring services are concerned. Additionally, businesses usually cannot acquire more than one line of credit with the same bank. Bank lines of credit and traditional loans count as debt on your company’s balance sheet, and they require repayment. By using New Jersey invoice factoring services, you won’t incur more debt and can use the newly obtained working capital to boost your credit along with your cash flow. We can offer you low rates and there is no set-up fee.
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Invoice Factoring for All New Jersey Companies
The process is simple. We work with a network of New Jersey factoring companies that will buy your open invoices at a discounted rate. We can get you initial approval in 3 to 5 business days, followed by cash advances in as little as a few hours for subsequent approvals. While you are busy growing your business, your factoring company accepts payment from your customers according to their original terms. When your clients pay in full, the discounted amount is returned to you, minus a nominal percentage.
Factor Finders is a factoring broker with decades of experience. We are connected with a network of reliable New Jersey factoring companies who know the invoice factoring industry inside and out. We get to know your business so we can match you with the New Jersey factoring company that fits you best. Tap into our network of factoring companies in New Jersey and beyond to find the best invoice factoring programs with the lowest factoring rates. We are dedicated to offering you the best customer service possible! Let us take care of your back office support, including invoice and payroll services. It’s one less thing you have to worry about when you’re trying to maintain a successful business.