A Birmingham PO Funding Company
Bankers Factoring is your Birmingham Factoring Company
Birmingham continues to see considerable investment from larger companies for distribution and manufacturing positions. With over 400,000 small businesses in Alabama, there are businesses in all types of business opportunities for entrepreneurs and small business owners. Bankers Factoring is proud to offer accounts receivable factoring and purchase order financing to companies in Birmingham, home to the founding city, for the recognition of Veterans Day in the United States.
Birmingham, the Magic City, is an attractive location with favorable conditions for the local workforce, commitment to tech acceleration, and beautiful sites in rural areas. The pro-business environment is supported by groups, local colleges, and professionals advocating for regional economic expansion.
Bankers Factoring is honored to provide financing solutions in the largest city in Alabama. As the most reliable invoice factoring company in North America, our Birmingham business clients have access to flexible credit facilities and immediate capital.
There are many benefits to choosing Bankers Factoring over other Alabama factoring companies.
Below are the Bankers Factoring benefits in Alabama:
- Quick qualifying and approval process
- Immediate funding
- Competitive rates
- We take on the credit risk
- Flexible lines of credit for your needs
Bankers Factoring is the leading invoice factoring and PO Funding company in Birmingham. As an employee-owned invoice factoring company, we are committed to helping our clients grow their businesses by providing quick access to working capital.
Bankers Factoring Funds Birmingham, AL Companies in:
Bankers Factoring helps import and export trade companies with alternative lending solutions such as accounts receivable financing in many regions, including Mexico, Central, and South America.
We offer PO funding to the Foreign-Trade Zones in Alabama, including those in Mobile, Huntsville, and Birmingham.
Accounts receivable financing, also known as invoice factoring, is a standard financial solution many companies use to obtain steady cash flow. Accounts receivable funding speeds up cash flow cycles and gives you cash to operate your business.
Why wait 30-90 days for payment from slow-paying commercial customers?
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What Makes Bankers Factoring Different?
There are many Birmingham factoring companies to choose from, but what makes Bankers Factoring unique? Firstly, we are one of the few employee-owned factoring companies.
Our people, the owner-employees of Bankers Factoring, care about their business as much as you care about yours. Fellow entrepreneurs honestly working together leads to success in business. Our finance solutions come from a unique perspective.
Secondly, we take the credit risk for you based on the financial strength of your customers. As long as you take care of your customers’ needs and deal with us honestly, Bankers Factoring can supply you with endless working capital and credit protection through our accounts receivable financing services.
With a steady cash flow and profit, Alabama business owners can keep growing their businesses in Huntsville, Montgomery, and Tuscaloosa from a local Birmingham trade financing and purchase order funding company.
We will never harass your customers. We are not worried about when and if their payment is coming. That’s the beauty of having your customer’s credit pre-approved. After you send your invoices to us, what we do is only verify that your products and services satisfy them.
Sadly, we have noticed through the years that whenever we decline a client’s customer for credit reasons, and the client sells to a not creditworthy customer, the client inevitably takes a hit.
How Invoice Factoring Works
You operate your Alabama business, selling your products or services on Net 30-90 day payment terms to your B2B or B2G clients. Then using our receivables factoring services, you sell your open invoices from customers to Bankers Factoring. We then confirm that your customers are creditworthy and happy with your products and services.
After invoice verification, we wire you 80-93% of the net invoice amount on the same day. After your customer pays in 30-90 days, you get the remaining balance, minus the Bankers Factoring fees. Repeat as often as you generate credit-worthy invoices for unlimited working capital via our unique cash flow solution, non-recourse accounts receivable factoring.
We can also buy pre-sold goods for you as part of our unique Alabama PO Funding company program.
Benefits You Get with Bankers Factoring:
- We take the Credit Risk!
- Discount Rates as Low as 0.75%
- $25,000-$10,000,000 Invoice Line of Credit
- 24 Hour Funding after Setup
- Serving Small & Medium Sized Companies
- Apply Online in Minutes. Faster than a bank loan.
- No Hidden Fees
- Purchase Order Financing Company for Importers.
- Alabama Free Trade Zone Import Financing.
- 24/7 Online Reporting
- Credit Services & Risk Analysis