Lowest Rates
Same-Day Funding
24/7 Online Account Access
No Long Term-Contracts
Online Management Tools
Highest Advances
YOU GET
FLEXIBILITY
THAT NO ONE
ELSE OFFERS
We offer tailored processing systems
You can choose to use the latest in technology - based
processing
systems
or the old-fashioned paper - based ones
or a combination.
Unlike the others we don't force you
into a box
We will tailor our
financing programs
to help you make more
cash.
Unlike the others you get to choose
what works best
for you.
We can
do this because
wehave the knowledge,
experience,
systems, and
one-of-a-kind
financing that is
unique
in the factoring
industry
Receivable-Factoring.Tripod.Com
- Providing commercial factoring
services nationwide
- Over 70 years of commercial factoring
company successful experience
- Up to 97%
AdvanceRates
WHAT SETS US APART
- Same Day funding on
approved invoices
- We do not require a long
term contract.
- 97% advance rates;tops in the
industry
- Credit analysis on new
and existing customers
- Continuous collection management
and
follow up on factored invoices
- Invoice and statement
mailing (postage included)
- Account status inquiries
anytime;
24/7 online account
access.
Our flexibility allows you to
maintain control:
- You select accounts you
prefer to factor
on an invoice by invoice basis.
- You control total
commercial factoring costs by
only
factoring on an as needed basis.
Up to 97%
Advance Rates:
Advance rates are
based on overall
risk
associated with a particular industry as
well as experience
and track record.
We hold reserve accounts to accommodate
industries which typically
experience dilution
and that we would otherwise not be able
to service. Advance rates
range from
80% to 97% of the gross invoice amount.
Fee Structures:
Fees are determined
based on your industry,
the credit worthiness of your
customers,
how quickly your invoices turn,
and
monthly commercial factoring volume.
Our company provides individualized
customer service,
by tailoring
our flexible
programs to fit the
individual
needs of each of our clients.
We strive to
be responsive, handling receivables
with speed, efficiency,
and a personal touch.
As a client you are
assigned one account
administrator who will personally handle
all of your account activity
and inquiries.
This gives us the ability
to buy your
receivables and get
the money to
you within 12-24 hours.
Having one person look after your account
alsomakes it easy for you to
decide
which invoices you are going to sell
and
when you want to sell
those invoices.
Our funding is primarily done by
direct deposit or wire.
Our company has more than 70 years of
successful cash flow and
credit management experience,
experience we would loveto put to
work for you.
To talk with a representative
of our sales team,
please contact one of our
regional offices at:
Toll Free: 888 - 266 - 197
Fax #: 425 - 702 - 1874
On - Line Factoring
Factoring Companies
OUR PROVEN FACTORING PROGRAMS
HELP BOOST YOUR CASH FLOW
Contact o
ur factoring specialists at:
Toll Free: 888 - 266 - 197
On - Line Factoring
Receivable-Factoring.Tripod.Com Factoring Companies
Receivable financing, also known as commercial factoring is a method used by businesses to convert sales on credit terms for immediate cash flow. Financing accounts receivable has become the preferred financial tool in obtaining flexible working capital for businesses of all sizes. The receivable credit line is determined by the financial strength of the customer (Buyer), not the client (The seller of the receivables).
Fast and Easy Setup , Set up your
account in 3 to 5 working days
We specialize in evaluating and financing accounts receivable and can make a prompt decision within a day. This financial solution involves very little underwriting. The approval process is simple and we can expedite initial funding
in 3 to 5 working days. Our clients can enjoy the benefits of our prompt service and begin to use their funds within days of completing an application
Advance / Reserve.
This type of commercial factoring is by far the most widely practiced. Upon taking title to invoices, the factor company immediately pays to the client a percentage of their total face value. This payment (called the & quot; advance & quot; ) typically falls between 70% and 85%, but may go as low as 50% or less (for example, in the case of construction or third - party medical invoices), or as high as 90%. After successful collection of payment from the account debtors, the factor company subsequently remits the balance of the invoice amount (s) (usually called the reserve ) to the client, minus the factor earned fees.
There service provides the factor company with available funds from which to draw its fees, and furnishes a buffer against defaults by clients and / or account debtors.
Some factors do not hold back a reserve balance, but rather advance the entire invoice face value, less maximum commercial factoringfees, at the time of purchase. This practice is not widespread, however, since most factors of this type prefer to retain the protection that reserves offer.
Advance / reserve factors generally structure their fees as an initial discount rate (typically ranging between 1. 5% and 5% of invoice face value), followed by subsequent increases scheduled over the length of the actual collection period.
The collection period begins on the day that the factor advances funds to the client (which is not always the same as the invoice date), and is normally divided into windows or time bands of equal duration. Windows most typically occur in 15 - day increments, although 7 -, 10 - or 30 - day increments are not unheard of. The
initial discount
normally increases by one or two percentage points at each new window.
A typical advance / reserve transaction, therefore, might be structured as follows.
Continue Reading about factoring companies
Account receivable factoring companies in Alabama
helping in their
first years of business,
as well as companies
that are having tremendous growth and need more cash.
Alabama commercial factoring
receivable-factoring.tripod.com
Receivable-Factoring.Tripod.Com is a Factoring Company that Provides a wide range financial services
More Reasons Why
Companies Choose Receivable-Factoring.Tripod.Com factoring-companies Services
Receivable-Factoring.Tripod.Com Provides
commercial factoring services
to all states:
Factoring Companies in
Alabama
Call our
commercial factoring Specialists at
1 - 888 - 266 - 0197
or
Email Us
or complete the
OnLine
Trucking Factoring Request Form
Unlike other Factoring Companies,
Receivable-Factoring.Tripod.Com makes receivable financing
easy to obtain with minimal paperwork.
We are not like the others, Receivable-Factoring.Tripod.Com's objective here
is not to force you to conform to us,
but to get you the cash you need
in the quickest and most efficient manner.
Types of Freight And Trucking
companies that use commercial factoring
companies
in Alabama
LTL | Brokerage | Warehousing |
Livestock | Household Goods | Heavy Haul |
Van | Tanker | Refrigerated |
Parcel | | Marine | Flatbed
A contract carrier enters into a bilateral agreement with the shipper or consignee for transportation services.
The contract defines the services to be provided, the commodities transported, the projected tonnage and the rates charged.
Contracts are to contain a specific termination date, not exceeding one year.
The contract can be renewed by amendment. The contract carrier can offer
freight rates which are lower than a common carrier s published tariff since the rate will be based on the projected tonnage of freight for the year.
Owner - operators - An owner - operator owns and operates his or her own truck (that is, tractor - trailer or bobtail). The owner - operator should have operating licenses from the ICC and
PUC. A prime carrier may hire them as subhaulers. Income earned is a percentage of the freight bill prepared by the prime carrier. Continue Reading about factoring companies
Subhaulers - A subhauler is an owner - operator of a single tractor or may have a fleet of tractors which are leased to prime carriers. A subhauler with a fleet of vehicles may be liable for employment taxes on the drivers of thosevehicles. Income earned is a percentage of the freight bill prepared by the prime carrier.
Porthaulers - An owner - operator whose primary route is to pick up freight from the harbor and to transport the full, sealed container to the terminal of the prime carrier or break - bulk agent. Porthaulers are usually paid a flat rate for each container hauled.
Freight Broker | Freight Forwarder | Shipper's Agent | The shipper's agent is a bonafide agent of the shipper who performs the shipper's transportation function. The shipper's agent arranges for and routes the transportation of goods from one point to another. Other duties may include the settlement of claims and payment of the carrier s freight invoices. Ultimate paymentof freight bills, however, is the responsibility of the shipper.
Freight forwarders usually specialize in the type of freight transported and the type of transportation carriers used. This provides them with expertise in handling the paperwork involved with certain types of transactions.
commercial factoring is typically used by trucking companies.
Oilfield Services That Use commercial factoring companies in Alabama:
Oilfield Trucking Services commercial factoring companies in Alabama:
Receivable-Factoring.Tripod.Com Provides commercial factoring services
to all industries:
Alabama Factoring Companies
commercial factoring vs. Bank Loans
So, why not simply go over to the friendly banker for a loan to alleviate cash flow problems ? A loan can be difficult if not impossible to receive, especially for a young, high - growth operation, because bankers are not expected to decrease lending restrictions soon. The relationships between businesses and their bankers are not as strong or as dependable as they used to be. More Info.
The impact of a loan is much different than that of the commercial factoring process on a business. A loan places a debt on your business balance sheet, which costs you interest. By contrast, factoring puts money in the bank without the creation of any obligation. Frequently, the commercial factoring discount will be less than the current loan interest rate.
Loans are largely dependent on the borrower financial soundness, whereas commercial factoring is more interested in the soundness of the client customers and not the client business itself. This is a real plus for new businesses without established track records.
There are many situations where commercial factoring can help a business meet its cash flow needs. It provides a continuing source of operating capital without incurring debt, which can result in growth opportunities that dramatically increase the bottom line. Virtually any
business can benefit from factoring as part of its overall operating philosophy.
Read Here For More Information
Every good businessperson must understand the concept and benefits of commercial factoring in
order to operate as profitably as possible. The following chart can help you understand the differences between factoring and other sources of funding
companies that use
commercial factoring companies
commercial factoring is typically used by consumer product companies. That is, companies that sell
products that ultimately end up in retail stores. Industries in which commercial factoring is commonly used include:
- Accessories
- Toys
- Sporting goods
- Pet supplies
- Personal electronics
- Housewares
- Home furnishings
- Hardware items
- Handbags, luggage,leather goods
-Furniture
- Footwear
- Eyewear and accessories
- Consumer electronic and accessories
- Carpet and rug
- Apparel
commercial factoring is typically used by staffing companies.
Professional Staffing Account receivable factoring companies
For These companies:
Twin Plant Management and Engineers
Call Center Phone Attendants and More
Doctor's Office Assistants - Medical Secretaries
Clerical - General Office - Data Entry
Admin Assistants - Executive - Legal Secretaries
Full Charge Bookkeepers - Accounting Clerks
Manufacturing Staffing Account receivable factoring companies
For These companies:
Office Managers - Administrators
Electronics Assembly - Packers
Fork Lift Operators - Loaders /Unloaders
Light Industrial - Machine Operators
Skilled - Unskilled Labor
Warehouse distribution
Plastic Injection Molding
Office Services Staffing Account receivable factoring companies
For These companies:
Assembly - Warehouse - Quality Control - Quality Assurance
Mid Management - Administrative - Technical
Data Processing - I.T. - Web Design
Healthcare - PTs - RNs - CNAs - OTs - MDs
Accounting - Controllers - CPA's
Sales - Marketing - Sales Managers
Receivable-Factoring.Tripod.Com
We are currently providing Account receivable factoring companies services nationwide including the following states:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida,
Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota,
Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,
Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and
Wyoming.