Factoring for Tech Companies
Technology and Communications Factoring
Tech Company Invoice Factoring
Fast Funding for Technology Companies
Table of contents
- Factoring for Tech Companies
- Technology and Communications Factoring
- Tech Company Invoice Factoring
How does Non-Recourse Factoring Benefit Your Tech Company?
Tech companies can increase their 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.
traditional business financing from a bank can be close to impossible for tech companies to acquire business loans. That is where factoring services from Bankers Factoring can alleviate your cash flow crunch with our finance solution for fast-growing businesses. A factor business line is one of the safest and fast ways to turn illiquid invoices into same-day working capital.
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.
We also have a special funding niche in the cell and cable industries.
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. Our funding is based on your customer’s credit rating, not yours.
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 startup companies and SAAS companies to bridge their cash flow gaps.
You focus on business expansion and we will supply fast business funding turning unpaid invoices into ready cash flow.
Let working capital from Bankers Tech Factoring be one of your critical success factors. The local bank won’t give you enough money. We have special factoring programs for bank turndowns.
Ready for the owner-employees of Bankers Factoring to fund your entrepreneurial dreams in telecom? Call 866-598-4295 or go to Bankers-Factoring-Application.
Get Fast Working Capital through Invoice Factoring
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