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Factoring Lines Of Credit
If you are a Factor with at least two years of Profitability and low leverage (Total Debt less than 4 times your Total Equity), then you can qualify for a "Prime Rate +" loan at a 1st Tier Lender or Bank. Finding a factoring Line of Credit (LOC) is not that difficult if your leverage is very low (less than 3 times). However, finding the "right" lender is a different story.
Banks and 1st Tier Lenders get into and out of the business of providing working capital to other lenders and Factors. When your factoring financing source exits, your business gets disrupted at no fault of your own. That is why it is important to find the "right" lender the first time.
For over 20 years we have experienced which institutions are committed to financing this niche and which ones are just 'testing the waters'. FactorHelp can ensure that your lines of credit get placed with a lender that truly understands Factoring and is committed to the business for the long haul.
Simply click below to submit your request for factoring lines of credit information.
Click Here to Submit Request for Line Of Credit
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| Factor Help, Inc. | Phone (972) 759-0711 | FAX (972) 739-9114 |
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FactorHelp, Inc. All rights reserved. |
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