Food service Factoring

Food Services Companies | Factoring | Accounts Receivables Financing | Line of Credit

1 (800) 317-4933

Factoring and accounts receivable financing for companies in the food service industry including distribution manufacturing and wholesale companies.

Our invoice factoring and accounts receivables financing are products that can help food companies improve cash flow and further protect them from bad debt with our non-resource option.  We specialize in receivables funding solutions for food service companies including distributors manufacturers and wholesalers with flexible options that include accounts receivable financing invoice factoring purchase order financing and receivables line of credit.

ADVANTAGES INCLUDE

  • Hassle-free application to funding process
  • Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
  • Protection from bad debt with our non-resource option
  • Receivables line of credit option (more information below)
  • Invoice factoring in the millions for your company's continued growth (availability as you grow)
  • Facilities tailored to fit the funding requirements of our client
  • High advances on receivables
  • Flexible terms
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Funding for well-seasoned companies and startups
  • Plus other benefits

We understand the cash flow challenges that food service companies face and the need for a quick solution to their cash flow problems. We bring the expertise and a process from application to funding that is simple and straightforward, which starts with this short form.  Our objective is to get the cash flow on track and the business moving forward quickly.

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for food and beverages companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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