Factoring Programs for Bank Turndowns & Workouts
Non-Recourse Factoring & Purchase Order Funding for Banks Program
Non-Recourse Invoice Factoring for Banks
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Bankers Factoring has special programs for banks and credit unions to help with their non or not-yet-bankable clients and prospects. Even if you can’t make the loan, you can keep the depository relationship and generate cash management fees with our accounts receivable factoring programs for funding bank turndowns & workouts.
Bankers Factoring improves borrowers’ ability to cash flow their business with our non-recourse invoice factoring. Turn outstanding invoices into credit-insured working capital monies with accounts receivable factoring.
If you are an SBA 7a lender, carving out your borrower’s accounts receivable via invoice factoring improves your business loan coverage on an asset that the SBA values little.
We work closely with the bank’s workout department to quickly size up a distressed loan and add fresh liquidity.
Please read how banks and credit unions can work with Bankers Factoring.
How can Banks and Bankers Factoring Work Together?
Bank workouts, turn downs, and kickouts can be quickly underwritten by Bankers Factoring’s bank department. The cash flow and financial challenges for under-capitalized business owners can quickly be improved.
Our Factoring Programs for Banks & Credit Unions
- Non-Recourse Invoice Factoring & Accounts Receivables Funding
- Purchase Order & Trade Financing
- Government Factoring & Vendor Guarantees
- A/R Management & Credit Protection
- Work closely with your bank workout group or special assets department on loan workouts.
- A/R Financing Carve-Outs to improve borrowers’ working capital
- White Label Factoring Program for Banks
Target Factoring Clients
- Startups, Turnarounds, Tax Issues, Bank Exiting, and Non-Bankable Relationships.
- Non-US Citizens and Foreign Ownership
- Personal Credit Scores of Business Owner is not an issue. We look at their B2B/B2G customers’ ability to pay.
- Fast-growing clients with sales of up to $10,000,000 need a funding line of credit.
- 100% Customer Concentration is OK.
- All Industries in All 50 States.
Benefits for Your Bank or Credit Union
- You never have to say “No” again to a Prospect or Client.
- Increase your Client Retention & Capture Rate.
- Manage and Reduce Risk.
- Increase your deposit growth even with Non-Bankable Clients.
- The same-day funding allows for better Management of Client Overdrafts.
- It improved Customer Service with a bank turndown path to client acquisition.
- Fast Approval Process with Blended Factoring Fees.
- Improved Cash Flow Strengthens Bank Loans.
- Add Invoice Financing & Factoring Services at No Risk.
- Your Bank can participate with Bankers Factoring with No Risk.
What is needed to get started for factoring for bank turndowns? A Bankers-Factoring-Application, A/R Aging, and 3 months of bank statements.
Factoring Broker Referral Source
Factoring brokers can use this form to refer prospects to Bankers Factoring.
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