New Jersey’s Local Employee-Owned Factoring Company
Newark, NJ Factoring Offices
Bankers Factoring is Your New Jersey-based Invoice Factoring Company
New Jersey, “The Garden State,” is home to over 8 million residents, The Jersey Shore, Atlantic City, Liberty State Park, and the Hudson River Waterfront Walkway. New Jersey is known for its proximity to New York City, entertaining boardwalks, long coastline, and great quality of life.
The Garden State provides a fast-paced life in the city and a balance of work-life balance in the countryside. Locals love the safe environment of New Jersey, along with its strong education and medical systems.
Bankers Factoring is proud to serve New Jersey, its Capital, Trenton, Atlantic City, Jersey City, Newark, NYC, and the surrounding areas with invoice factoring, payroll funding, and PO Financing. We work with New Jersey-based companies to remove cash flow obstacles and provide critical working capital to entrepreneurs.
New Jersey is happy to seat 15 Fortune 500 companies, including Johnson and Johnson, Prudential, Merck, ADP, and Quest Diagnostics. The economy of New Jersey benefits from its presence in many industries, including life sciences, technology, transportation, manufacturing, and food and beverage. New Jersey’s economy is growing with over 275,000 businesses, $564 billion gross state GDP, and a strong innovation plan to spark growth in the region.
Bankers Factoring is honored to help New Jersey-based startups, entrepreneurs, and businesses with their cash flow needs. We customize an invoice factoring program that ensures adequate payroll funding and PO Financing.
What makes the state of New Jersey great for business?
- Its central location puts it at a logistical advantage.
- Low business operation costs
- Efficient transportation network
- Has a well-trained workforce
- Has low costs of living and excellent quality of life
- And a business-minded educational reform
Bankers Factoring funds New Jersey businesses in the industries of:
Plastics & Rubber
Suppose you’re growing your business in New Jersey and your growth is causing cash flow issues, and you need working capital for your business. In that case, Bankers Factoring is the perfect factoring company business partner.
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Why Use Bankers Factoring In New Jersey?
Many entrepreneurs are attracted to New Jersey’s great business climate. However, you’ll have many business competitors. And your business can’t compete and grow if you have issues with cash flow. That’s where a New Jersey factoring company like Bankers Factoring can assist. How so? Because we offer invoice factoring and purchase order financing services, you can get unlimited working capital. Thus, no need to wait for 30-90 days to get funds. You will get immediate cash to fulfill your next order or deliver your services.
In addition, you don’t have to worry about customers who can’t pay. That’s the beauty of working with Bankers Factoring because we pre-approve your customers’ credit and provide you with bad debt credit protection.
Sadly, we have noticed through the years that whenever we decline an account debtor (your customer) for credit reasons, and our client sells them without credit protection from us, inevitably, our client takes a hit.
You continue to satisfy your customers, and Bankers Factoring will provide unlimited and credit-protected working capital. With Bankers Factoring, your New Jersey business will grow and outperform your competitors.
- We take the Credit Risk
- Discount Rates as Low as .75%
- $25,000-$10,000,000 Invoice Credit Line
- Credit Services & Risk Analysis
- Same Day Funding after Setup
- Apply Online in Minutes
- No Hidden Fees
- Selective Invoice Factoring-You pick which Invoices you Fund
- 24/7 Online A/R Reporting