Additionally, having cash flow problems in your business is not conducive to growth. With Texas being a hub for many fast-growing manufacturing industries, tough situations like not having funds to fill an order can happen. Bankers Factoring finances Texas Businesses in the Industries of: We want to be your Texas Oil Factor and help get that next million barrels out of the ground. We have funded oil production vendors and suppliers for over two decades through oil booms and softness in oil prices. There is no surprise that the environment for business growth in Texas is booming. With everything “bigger in Texas,” its fairly mild winters, and depth of major cities makes Texas a popular location for those leaving high-cost states. The favorable business environment, regulatory climate, and large workforce are attractive for businesses and entrepreneurs.Īnd Bankers Factoring is honored to fund Texas businesses with our non-recourse invoice factoring and purchase order financing programs.Īside from the big tech boom in Texas, the state is home to major players in the oil and natural gas industry, agriculture, staffing, healthcare, and construction businesses. Texas is the top exporting state in the country for 18 years in a row and with trade financing and A/R Financing from Bankers Factoring offices in Dallas and Houston, we are they to safely feed your growth. Stop waiting 30, 60, or even 90 days for customer payments and get funding today with Bankers Factoring invoice factoring programs customized for Texas companies. With companies like Apple, Tesla, Oracle, and Hewlett Packard committing to Texas, the opportunities for business growth are exponential, especially with commercial customers. The Lonestar state of Texas is home to over 2.8 million small businesses, and recently major corporations are moving HQ to Texas or building huge facilities. PO financing is an ideal tool for companies that sell third party products such as wholesalers, distributors and resellers, and companies that are growing quickly.51 Austin & San Antonio, TX Factoring Offices Texas Small Business Help This means that all you need to do to obtain additional financing is to obtain orders from solid commercial or government customers. No arbitrary limits like bank financing.Allows you to deliver more and bigger orders.Finance up to 100% of your supplier costs.Ideal for companies that have exhausted their available funds or bank options.Purchase order funding is a financing option that allows you to accept purchase orders, regardless of your current capital availability. The main requirement is that you have an order from a credit worthy commercial or government client. As opposed to traditional bank finance, PO financing is easy to qualify for and can be set up quickly. This revolving access to capital can be very helpful for companies that are growing faster than expected.įirst Capital Business Finance purchase order financing can help you if you have purchase orders that you cannot fulfill because you lack funds. The remaining 10% will then be paid to you, less the facility fee. These funds can be released within 24 hours, and can provide immediate cash to the business.Īs your customers remit payments, the balance of the loan will be paid down accordingly. Once an invoice is produced, up to 90% of the invoice amount can be released as a loan. Get up to 90% of your invoice released as a loan within 24 hours. In this agreement, an accounts receivables financing company, also called a factoring company, gives the original company an amount equal to a reduced value of the unpaid invoices or receivables.Īccounts receivable financing (aka AR financing) can improve your cash flow by providing capital against outstanding accounts receivables (invoices). Plumbing Business Loans and Equipment FinancingĪccounts Receivable Financing How does Accounts Receivable Financing work?Īccounts receivable financing is a type of asset-financing arrangement in which a company uses its receivables - outstanding invoices or money owed by customers - as collateral in a financing agreement.Financing for Dentists, Doctors, Chiropractors & Orthodontists.Janitorial Equipment and Staffing Loans.Auto Shop Equipment Financing & Leasing.Financing Programs for Front Loaders & Wheel Loaders.
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