808-518-4700
A Honolulu Factoring Company
Factoring Companies in Honolulu, HI
1717 Ala Wai Blvd #1708, Honolulu, HI 96815
A Locally Owned Finance Factors and Payroll Funder
Bankers Factoring is your Honolulu Factoring Company
Honolulu, the Capital of Hawaii, is located on Oahu’s south shore. Honolulu, also called The Big Pineapple, provides great entertainment and nightlife in the Waikiki neighborhood. The Honolulu scenes are beautiful, from the beaches and forests to the volcano ranges. Honolulu business owners have to overcome the struggles of seasonal cash flow due to the heavy volume of tourism. Bankers Factoring is proud to remove the burden of business funding through locally owned invoice factoring and PO financing solutions as your invoice factoring HI choice.
The economy in Honolulu is boosted by tourism, the military, defense contracting, manufacturing, semiconductor industries, and wholesale trading. The tourism industry alone is 10 billion a year for the local economy. Honolulu is home to some of the largest employers in the state of Hawaii, including Air Hawaii, Aloha Air Cargo, Aloha Airlines, Aloha Petroleum, and American Savings Bank.
Bankers Factoring is honored to provide Honolulu-based companies with cash flow solutions such as accounts receivable factoring and PO Financing. We work with entrepreneurs, small businesses, and startups to fund their business growth. Our non-recourse invoice factoring solutions help business owners overcome many cash flow struggles. Honolulu-based companies can take advantage of the Bankers Factoring finance benefits:
- We take on the credit risk and provide bad debt protection
- Low factoring fees starting at .75%
- Start-up finance factors programs
- Our A/R management enables business owners to focus on their operations
- Factoring lines up to $9,000,000
- Our owner-employees understand how critical your cash flow is to your business
- Same-day funding after approval-Get the cash out of your invoices fast.
Bankers Factoring Funds Honolulu, HI Companies in:
Government
Aerospace & Defense
Chemicals
Agriculture
Military Vendors
Forestry
Automotive
Bankers Factoring helps import and export trade companies with alternative lending solutions and factoring programs such as accounts receivable financing in many regions, including the Pacific and mainland America for goods coming through the Hawaii Free Trade Zone.
Bankers Factoring Invoice Factoring & Trade Financing solutions allow growing companies along the Island Corridors to carry out their growth plans by covering their operating expenses. With extended credit terms, why wait 90 days for your payment?
With our diverse experience serving the islands, we are cheaper than personal loans, with costs similar to swiping a credit card. We want to be your non-recourse finance factors choice.
Fast Funding
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What Makes Bankers Factoring Different?
Hawaii has many factoring companies, but what makes Bankers Factoring unique? Firstly, we are one of the few employee-owned Hawaiian 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. We are a very different type of A/R Funding and invoice factor in Honolulu.
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 businesses of all sizes with endless working capital and credit protection through our accounts receivable financing services.
With a steady cash flow and profit, Honolulu business owners can keep growing their businesses in Pearl City, Hilo, Waipahu, or Kaneohe from a local Hawaiian accounts receivable factoring & trade financing 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 a non-creditworthy customer, the client inevitably takes a hit.
We want to be your local choice if you are turned down by a loan company.
How Invoice Factoring Companies Works
You operate your Honolulu 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 customer is creditworthy, and they are 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 business financial services.
Bankers Factoring is also your Honolulu PO funding company. While invoice factoring accelerates the payments forward 30-90 days on delivered goods, Purchase Order Financing or PO Funding buys the goods for you so you can meet your customer’s needs. Bankers has you covered from manufacturing costs to final payment, from invoicing to collections, with our unique business finance solutions.
Benefits You Get with Bankers Factoring Hawaii:
- We take the Credit Risk!
- Discount Rates as Low as 0.75%
- $25,000-$10,000,000 Invoice Line of Credit
- Same-Day Funding after finance factors Setup
- Serving Island Families, Small & Medium-Sized Companies
- Apply Online in Minutes with encrypted security
- Sister company to meet your real estate loans need
- Your Local Honolulu Factoring Company
- Trucking company invoice factoring programs
- Have the money for down payment
- Credit Insurance (non-recourse) included
- No Hidden Fees
- 24/7 Online Reporting
- Credit Check Services & Risk Analysis
- Factoring offices serving Hawaii, Alaska, and the mainland.
Ready for Bankers Factoring to fund your Honolulu sales with our invoice factoring services? Request information with a:
Call or go to our Bankers-Factoring Application
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