Your Local Georgia Factoring & PO Financing Company
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From agriculture to being a leader in advanced manufacturing, the state of Georgia continues to grow. That’s because Georgia has all the resources a business needs to thrive and achieve success: a skilled workforce, reliable infrastructure, low taxes, and high credit ratings. And the state of Georgia consistently delivers.
With one of the most competitive tax structures in the country, business costs stay low over the long haul. That’s why industries like automotive, flooring, IT, FinTech, healthcare, and aerospace are lucrative in Georgia. As a result, the state ranks as the No. 1 for Business in Site Selection and Area Development magazines.
With Georgia having a great business climate, it’s the ideal state to start or grow a business. And Bankers Factoring, your Georgia factoring company, is here to help. We can assist both new and mature companies with their growth via purchase order financing and non-recourse invoice factoring.
Some of the leading industries investing in Georgia include automotive, advanced manufacturing, software/technology, logistics and distribution, and food processing, which alone increased 232% in job creation over FY20.
Bankers Factoring finances Georgia Companies in the industries of:
Young and fast-growing companies can outstrip their cash flow, especially with 60-90 day payment cycles. Therefore, they will need a reliable source of capital. If your Georgia business needs working capital, you can turn to Bankers Factoring. In addition to invoice factoring, we also offer PO financing services to businesses needing funds to buy finished goods to fulfill a purchase order.
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What You Need To Know About Invoice Factoring
As a business owner, you know the importance of a stable cash flow to keep your business afloat. But sometimes, a business can hit a roadblock and funds might get stalled. In those cases, Bankers Invoice Factoring is what you need.
In invoice factoring, you can operate your business as usual without waiting to get paid. You will only need to invoice your customer once you provide them with your products or services.
Then you can take your open invoices and apply to Bankers Factoring to receive financing. We will also check if your customer is a good credit risk. Afterward, we take your invoices and give you an advance of 80-90% of the invoice amount.
And when your customer pays us within the Net 30-90 day terms, you get the remaining balance less the Bankers Factoring fees. In addition, you can repeat this whole process as many times as you want for unlimited working capital.
Why Bankers Invoice Factoring?
Being an employee-owned company, the people at Bankers Factoring are business owners just like you. And success in business can’t be met by working alone but through collaboration. That’s why we believe in working with fellow entrepreneurs to grow each of our companies the right way.
And for your cash flow needs, work with the best Georgia-based factoring company. Work with Bankers Factoring.
Benefits You Get With Bankers Factoring:
- We take the Credit Risk
- Credit Services & Risk Analysis
- Discount Rates as Low as .75%
- $25,000-$10,000,000 Invoice Credit Line
- Apply Online in Minutes
- Single Invoice Factoring-You pick which Invoices We Fund
- Same Day Funding after Setup
- 24/7 Online A/R Reporting
- No Hidden Fees