New York Local Employee-Owned Factoring Company
Bankers Factoring is Your New York-Based Invoice Factoring Company
The City of New York, also known as “The Empire State,” is home to over 19 million residents, New York City, Times Square, Broadway, and the Statue of Liberty. New York is also known for its diverse city life, beautiful rural lands, and beaches on its coastline for water activities. Moreover, the Empire State provides a fast-paced life in the city and a balance of work-life balance in the countryside. And locals love the lifestyle involving a vibrant social life, eateries, outdoor beauty, and diverse culture.
Therefore, Bankers Factoring is proud to serve New York, its Capital, Albany, NYC, Long Island, New Jersey, and the surrounding areas with invoice factoring, payroll funding, and PO Financing. We also work with New York-based companies to remove cash flow obstacles and provide critical working capital to entrepreneurs.
New York is happy to seat over 50 Fortune 500 companies, including JP Morgan, Verizon, Citigroup, IBM, and Pepsico. In fact, the economy of New York benefits from its presence in many industries, including banking and finance, insurance, transportation, manufacturing, and staffing and payroll. Plus, New York’s overall business environment is friendly, with a strong image for companies based in New York City. NYC has a reputation of prestige in the global marketplace, for corporate headquarters.
Bankers Factoring is honored to help New York-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 York great for business?
- Its central location puts it at a logistical advantage.
- Low business operation costs
- Efficient transportation network
- Has a well-trained workforce
- It has low costs of living and excellent quality of life.
- And a business-minded educational reform
Bankers Factoring funds New York businesses in the industries of:
Coal & Minerals
Plastics & Rubber
And if you’re growing your business in New York and your growth is causing cash flow issues, and you need working capital for your business, Bankers Factoring is the perfect business partner.
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Why Use Bankers Factoring In New York?
That’s because many entrepreneurs are attracted to New York’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 York 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 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 York 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