Bankers Factoring: Your Local Missouri Factoring Company
Missouri, the Show-Me State, is home to over 532,000 small businesses and six million residents and is known for its low cost of living and significant tax benefits. It is also home to 10 Fortune 500 companies, with a strong presence in aerospace, food and beverage, manufacturing, and wines and spirits. Bankers Factoring is proud to be the leading Missouri Invoice Factoring Company helping businesses solve their cash flow problems.
The State of Missouri provides many benefits for companies looking to expand or relocate to the state. From a pro-business environment that encourages business growth, skilled workforces, and robust infrastructure systems, there are many benefits for professionals, startups, and major corporations to consider the Show-Me State. Bankers Factoring is proud to provide Missouri-based companies with cash flow solutions such as invoice factoring and PO Financing.
Bankers Factoring finances Missouri Businesses in the Industries of:
Grow your business in Missouri using a Missouri factoring company, Bankers Factoring. We offer invoice factoring and purchase order financing so you can turn your invoices into instant cash and your purchase orders into salable products.
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PO Financing in Missouri
With Missouri being a logistic hub for many fast-growing industries, not having funds to fill an order can happen. Additionally, having cash flow problems in your business is not conducive to growth. What you need to keep growing your business is purchase order financing.
Purchase Order (PO) Financing is a B2B or B2G solution where a PO financing company like Bankers Factoring can buy the supplies you need or use our credit to arrange terms with your vendors. You can get to work with PO financing and deliver your promise to your client. And since you also plan to factor the invoice for that order, we can offer you the PO financing you need.
What is the difference between invoice factoring and PO financing? It lies in when each is utilized. Invoice Factoring is used after you have sold and delivered your goods and services. PO funding is used to buy or finance the purchase of finished goods so they can be shipped to your customer, the Account Debtor.
To qualify for PO financing, you must:
- Selling to B2B or B2G Customers
- Your Minimum gross profit must be at least 20%
- Have experience with similar products and comparable clients
- Transactions per month of no less than $50,000
- Provide qualified purchase orders or letters of credit from your customers
The Bankers Factoring Advantage:
We know how cash flow problems can set a company back as an employee-owned factoring company. We provide the help you need to fulfill your promises to your customers.
- We take the Credit Risk
- Discount Rates as Low as .75%
- $25,000-$10,000,000 Invoice Credit Line
- Same Day Funding after Setup
- Apply Online in Minutes
- No Hidden Fees
- 24/7 Online A/R Reporting
- Credit Services & Risk Analysis