Fast Funding for Technology Companies
How does Non-Recourse Factoring Benefit Your Tech Company?
Tech companies can grow sales exponentially; with that growth is their need for working capital. Add a burn rate to explosive growth, and their cash flow needs are relentless. Technology companies need a cost-effective funding source that can scale with them. Non-recourse invoice factoring from Bankers Factoring with tiered factoring pricing is a factoring service designed for fast-growth start-ups and the tech industry.
Information technology companies’ main costs are labor and client acquisition. Angel, venture capital, and pre-seed money can be expensive and dilutive of your equity, accounts receivable financing for technology companies from Bankers Factoring can grow with you, take the credit risk, and let you still own 100% of your tech company (unless you want to give us warrants-lol).
From early-stage to small business to millions of dollars in sales per month, fast funding for tech is a Bankers Factoring core product. Our founder is a Georgia Tech graduate, so the technology industry and what your tech company offers holds a special place for the owner-employees of Bankers Factoring.
Don’t wait 90 days for your Fortune 500 customers’ payments. Turn up to 90% of your outstanding invoices into non-dilutive business capital. Once you are set up with our tech-enabled accounts receivable factoring, submit invoices for funding in less than 24 hours.
We also have special factoring programs for IT companies.
We have funded companies in The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, so we understand technology factoring-SBIR-STTR. Technology factoring is faster and more robust than a business loan from the San Francisco banks. We also offer discount factoring for early-stage tech companies and SAAS companies.
Let working capital from Bankers Tech Factoring be one of your critical success factors.