Bankers Factoring: a Fort Lauderdale Factoring Company
Greater Fort Lauderdale-Broward County has been ranked #2 Best Business Climate (mid-sized metro) in Business Facilities magazine’s 17th Annual Rankings Report. Additionally, Broward County’s Foreign Trade Zone (FTZ) ranked #7 in the nation for exports. Greater Fort Lauderdale was the only location in Florida to rank on any of the top 10 Business Climate rankings for any size community.
“Company headquarters and businesses in tech, aviation, life sciences, and the marine industries continue to choose to locate and grow in Greater Fort Lauderdale/Broward County. Our community’s ranking on the Business Facilities list is further validation of our efforts to attract high-wage jobs,” said Broward County Mayor Steven Geller.
“Greater Fort Lauderdale’s ranking on the Business Facilities report reinforces the work our community has done for years to nurture a business-friendly environment where companies of all sizes can succeed,” said Bob Swindell, President & CEO of the Greater Fort Lauderdale Alliance.
Bankers Factoring Funds Fort Lauderdale, Florida Companies in:
If your Fort Lauderdale business is experiencing a boom in sales, but a critical lag in cash flow due to extended payment terms, non-recourse invoice factoring and PO Funding from Bankers Factoring can help. Turn your open invoices into safe and instant cash and your purchase orders into salable products.
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What Makes Bankers Factoring Different?
There are many South Florida 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.
Secondly, we take the credit risk for you. 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, Florida business owners can keep growing their businesses in Boca Raton, Fort Lauderdale, or Miami from a local Broward factoring 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. 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 an uncreditworthy customer, the client inevitably takes a hit.
How Invoice Factoring Works
You operate your South Florida business, selling your products or services on Net 30-90 day terms to your B2B or B2G clients. Then using our receivables factoring services, you sell your open invoices 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 financing solutions and financial services.
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
- The Best Florida Payroll Funding Company
- Same Day Funding after Setup
- Serving Small & Medium Sized Companies
- Apply Online in Minutes
- Your Local Fort Lauderdale Factoring Company
- Miami, FL Offices
- West Palm Beach, FL Offices
- Tampa, FL Offices
- Trucking company factoring programs
- No Hidden Fees
- 24/7 Online Reporting
- Credit Services & Risk Analysis