Bankers Factoring is your Boise ID PO Funding & Factoring Company
Boise, the largest city in Idaho, also serves as the capital city. Boise, also known as the City of Trees, is home to nearly 236,000 residents and three Fortune 500 companies. The City of Trees has been called the best place for millennials to live in the US. The city of approximately 236,000 people is also one of the fastest-growing in the US, with its comparatively low cost of living, growing tech scene, and easy access to nature. Boise is known as The City of Trees for a good reason. Idaho’s combined wilderness is over 4.7 million acres, greater than the US’s three smallest states combined. Bankers Factoring is proud to be the leading Boise Accounts Receivable Factoring Company helping businesses solve their cash flow problems.
The local economy of Boise is propelled by Albertsons, Micron Technology, and Boise Cascade, three companies listed on the Fortune 500. Boise has an unemployment rate of 3.6%. The US average is 6.0%. Over the next ten years, future job growth is predicted to be 50.9%, which is higher than the US average of 33.5%. The continued rapid growth in Boise will present significant opportunities for entrepreneurs, small businesses, and startups. Bankers Factoring is proud to provide Boise-based companies with cash flow solutions such as accounts receivable factoring and PO Financing
There are many benefits for choosing Bankers Factoring over other Boise ID factoring companies. Below are just some of the benefits.
- Quick qualifying and approval process
- Immediate funding
- Competitive rates
- We take on the credit risk
- Flexible lines of credit for your needs
Bankers Factoring is the leading invoice factoring and PO Funding company in the Boise, ID area. As an employee-owned invoice factoring company, we are committed to helping our clients grow their businesses by providing quick access to working capital.
Bankers Factoring Funds Boise Companies in:
Biotech & Bioscience
Aerospace & Aviation
Bankers Factoring helps import and export trade companies with alternative lending solutions such as accounts receivable financing in many regions, including Canada, Mexico, Central, and South America.
Accounts receivable financing, also known as invoice factoring, is a standard financial solution many companies use to obtain steady cash flow. Accounts receivable funding speeds up cash flow cycles and gives you cash to operate your business.
Why wait 90-days or longer for payment from commercial customers?
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What Makes Bankers Factoring Different?
There are many Boise 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. Our finance solutions come from a unique perspective.
Secondly, we take the credit risk for you based on the financial strength of your customers. 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.
Whether your company is in Boise, Coeur d’Alene, or Nampa, get funded from a local Idaho trade financing and purchase order funding 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. After you send your invoices to us, 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 not creditworthy customer, the client inevitably takes a hit.
How Invoice Factoring Works
You operate your Boise business, selling your products or services on Net 30-90 day payment terms to your B2B or B2G clients. Then using our receivables factoring services, you sell your open invoices from customers 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 80-90% 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 solution, non-recourse accounts receivable factoring.
We can also buy pres-sold goods for you as part of our unique Boise PO Funding company program.
Benefits You Get With Bankers Factoring in Boise:
- We take the Credit Risk!
- Discount Rates as Low as 0.75%
- $25,000-$10,000,000 Invoice Line of Credit
- 24 Hour Funding after Setup
- Serving Small & Medium Sized Companies
- Apply Online in Minutes. Faster than a bank loan
- No Hidden Fees
- Purchase Order Financing Company for Importers
- 24/7 Online Reporting
- Credit Services & Risk Analysis