Employee-Owned North Carolina Factoring Company
Orville and Wilbur Wright flew the first successful flight in North Carolina. Today, North Carolina could be the place where your business takes off for great success. Why? That’s because North Carolina stands as one of the states with the best business climates. It consistently ranks within the top 5.
Last year, it tied with Georgia in the first spot for Site Selection’s Top State Business Climate Rankings. And this year, North Carolina placed second on CNBC America’s Top State for Business 2021. And Bankers Factoring is honored to fund Carolina businesses with our non-recourse invoice factoring and purchase order financing programs.
But what makes the Tar Heel State such an enticing place for business? It’s thanks to the state’s track record of reducing and streamlining business taxes. North Carolina has the lowest corporate tax rate in the country, at 2.5%. Additionally, the business and living costs are percentages lower than the national average. And its renowned education system produces high-quality talent. All these make it an ideal place to start up your business.
Plus, many corporate headquarters call the state home, with 14 Fortune 500 companies and 26 Fortune 1000 companies based here.
Bankers Factoring funds North Carolina Companies in the Industries of:
Aerospace & Defense
Food Processing & Manufacturing
Automotive, Truck & Heavy Machinery
Biotechnology & Pharmaceuticals
Plastics & Chemicals
Textiles & Carpet
Fast growth can lead to unstable cash flow and insufficient funds. For your cash flow needs, you can trust the North Carolina invoice factoring company Bankers Factoring with invoice factoring and PO Funding. We’ll buy your open invoices for instant cash and buy finished goods for you to complete the sale.
"*" indicates required fields
We Offer Invoice Factoring and Purchase Order Financing
Invoice factoring is a financing solution for B2B or B2G companies needing working capital. If your business offers Net payment terms of 30-90 days, getting paid will take a while. As such, your cash flow is insufficient for growth. But with invoice factoring, Bankers Factoring can take your outstanding invoices and provide you with working capital on the same day. And this capital you can use however you want, be it for scaling up your business or taking on more orders.
Another solution we offer is purchase order financing. Your company can use this before selling your goods to generate an invoice. Suppose your customer has a large purchase order for your products. But you don’t have the parts and you can’t buy them due to insufficient capital. Bankers Factoring can provide PO financing so you can obtain supplies and start producing your goods. And then you can factor the invoice with us on that purchase order.
Why Use Bankers Factoring?
As an employee-owned North Carolina invoice factoring company, we understand entrepreneurs. As fellow business owners, we give you the help you need to satisfy your customers.
And Bankers Factoring takes the credit risk for you. Why? Because there’s nothing worse than making the sale and not getting paid.
Sadly, we have also noticed over the years that whenever we decline an account debtor (your customer), and our client sells them without credit protection from us, our client inevitably takes a hit.
The Bankers Factoring Advantage:
- 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
- PO Funding + Non-Recourse Factoring
- No Hidden Fees
- 24/7 Online A/R Reporting
- Credit Services & Risk Analysis