Bankers Factoring is your Jackson PO Funding & Factoring Company
Jackson, the largest city in Mississippi, is home to a multibillion-dollar economy. The Jackson Metro is ranked as one of the best places to live. Bankers Factoring is honored to fund Jackson businesses with our non-recourse invoice factoring and purchase order financing programs.
With over 590,000 residents in the Jackson Metro area, there is a rich life with water sports, museums, downtown attractions, schools, and historical sites to visit. In Jackson, MS, the pro-business environment is supported by both local and state programs focused on job growth, workforce development, facility, and industrial development, and exploiting logistical capabilities.
Accordingly, it is no surprise that Mississippi launched more startups than any other state through the pandemic.
The Jackson economy has a significant presence in technology, trucking, healthcare, agriculture, and distribution. The Jackson Metro comprises seven counties: Copiah, Hinds, Holmes, Madison, Rankin, Simpson, and Yazoo.
Regardless of the industry or location, Bankers Factoring and our employee-owners are ready to help your business. If your business is struggling with cash flow from B2B or B2G customers anywhere in the United States, our financing solutions can help your company end its liquidity issues.
There are many benefits to choosing Bankers Factoring over other Jackson factoring companies.
Some of the Bankers Factoring benefits are:
- 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 Jackson, MS area. As an employee-owned factoring company, we are committed to helping our Mississippi clients grow their businesses by providing quick access to working capital.
Bankers Factoring Funds Jackson, MS 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 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 on unpaid invoices?
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What Makes Bankers Factoring Different?
There are many Jackson invoice 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. 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, Mississippi business owners can keep growing their businesses in Gulfport, Southhaven, or Vicksburg from a local Jackson 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. 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 Mississippi 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 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 pre-sold goods for you as part of our unique Mississippi PO Funding company program.
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
- 24 Hour Funding after Setup
- Serving Small & Medium Sized Companies
- Apply Online in Minutes
- No Hidden Fees
- Purchase Order Financing Company for Importers
- Jackson, MS Free Trade Zone Import Financing
- 24/7 Online Reporting
- Credit Services & Risk Analysis