Factoring Receivables Companies

Receivable factoring companies offer businesses an alternative to traditional commercial financing. Receivable factoring companies purchase open invoices and provide a large advance, giving these businesses the opportunity to secure the funding they need to expand their businesses, purchase additional raw materials, simply cover day to day operating expenses. Because this is not a loan, there is no repayment obligation nor is there any debt to record in the financial statements. Here’s how it works: Companies in need of funds contact accounts receivable factoring companies and offer open invoices in their A/R portfolio for sale. The receivable factoring company makes an offer for the advance rate and the factoring rate, if accepted, the transaction closes with the invoices being transferred to the receivable factoring company and the funds being transferred to the business. The process can take as little as 48 hours to complete, much faster than traditional bank loans and other financing products.


Factoring of Receivables

Factoring of receivables refers to the process of selling your open invoices for cash. Accounts receivable financing companies, otherwise known as factors, evaluate your invoices and assign them a value based on the creditworthiness of your customers, not your business. They will make you an offer and, if you accept, will close the transaction and forward you the money in days rather than the weeks it takes to undergo a loan approval process.

Click here to read more about the benefits of factoring companies.

To find out how you can gain access to this fast cash flow solution call us at 1-800-405-6035 or click here to submit a rate form and one of our Business Development professionals will follow-up with you.


Press Releases

Invoice Factoring Company Signs Over $16M in New Business

Universal Funding, a factoring company, to providing invoice factoring services to five new clients earned in October. SPOKANE, WA, Nov. 9, 2015 – Universal Funding, an invoice factoring company, has signed on five new clients who will factor over $16 M over the... read more

Universal Funding Corporation Funding $500,000 per Day

Universal Funding specializes in invoice factoring and provided $1.8MM in accounts receivable financing to three new clients in September.  As these new relationships grow over the course of a year, Universal will provide up to $21.5MM in financing to these new... read more


Accelerating to the Speed of Business

You’ve probably heard the phrase “the speed of business” before. Yet those in the business world know that the comparative operational speeds between companies are like snowflakes: no two are exactly alike. Yet despite the speed differences that exists between... read more

Selling Invoices vs. Selling Equity

There comes a time in the operational life cycle of every company where extra business capital is needed. When this point is reached, the easy answer may be to work with a traditional lender to secure a conventional loan. Yet is this truly the best option? Wouldn’t it... read more

Universal Funding Corporation
PO Box 13115
Spokane, WA 99213


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