What is Factoring
For a fast and easy way to receive quick cash for your company, choose factoring services from Akron Factors. With factoring, you give your accounts receivable to us and we advance you up to 96% of the face amount in cash. We then assume responsibility of collecting on the invoice, taking on 100% of the credit risk. We will factor large batches of invoices or just one, as many or as few as you need. Find out more information on factoring today.
Factoring from Akron Factors is a great financial tool for easing pressure and stress caused by slow paying customers and cash flow issues. With factoring, instead of waiting days or weeks on end for your invoices to be paid, you can receive cash for your accounts receivable in as little as one business day. It isn't a loan; there are no monthly payments, no high interest rates and no set terms. Email or call us today and set up an account now.
Factoring is the convenient, got-to-have financial business tool any growing company in need of capital can use. Even companies dealing with challenging financial situations, that might not be qualified for financing from a bank or traditional lending institute, can utilize Akron Factors's factoring services. Apply online today, and Akron Factors will respond immediately.
Benefits of factoring with Akron Factors include: fast and convenient funding, no upfront fees, easy credit qualifications, and friendly and helpful account managers. Whether your company is a start-up or a thriving business struggling to keep up with growth, factoring can provide the solution that keeps your business expanding. Contact us now for more information.