Bankers Factoring: Charleston PO Funding & Factoring Company
Bankers Factoring is Your Charleston Factoring Company
Charleston is home to over 14,000 businesses with significant operations including conglomerates like Walmart and Boeing. The local economy is supported by diverse industries including aerospace, technology, and professional services. Bankers Factoring is honored to fund Charleston businesses with our non-recourse invoice factoring and purchase order financing programs.
In Charleston, the port has recorded historical activity in recent years. With such robust operations at the port of Charleston, the transportation, logistics, and staffing firms are seeking creative financing sources. Companies in South Carolina benefit from the pro-business atmosphere, with job tax credits, discretionary incentives, grants, and workforce training programs.
Bankers Factoring helps their clients in Charleston utilize invoice factoring to overcome cash flow problems. The largest city in South Carolina, Charleston, has fast growing companies consistently searching for payroll financing, import financing, and accounts receivable factoring.
We help businesses in Charleston, Greenville, Columbia, Myrtle Beach, and throughout the state of South Carolina with invoice factoring. We are the leading invoice factoring company in America. Bankers Factoring helps companies Charleston companies with:
- Startup capital
- Companies with poor or no credit
- Emerging and growing companies
- Seasonal sales businesses
- Slow paying commercial clients with extended payment terms
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 your liquidity issues.
Bankers Factoring is the leading employee-owned invoice factoring and PO Funding company in the Carolinas. As an employee-owned factoring company, we are committed to helping our clients grow their businesses by providing quick access to working capital.
Bankers Factoring Funds Charleston, SC Companies in:
Bankers Factoring helps import and export trade companies with alternative lending solutions such as accounts receivable financing in many regions, including Canada, 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 30-90-days or longer for payment from commercial customers on unpaid invoices?
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What Makes Bankers Factoring Different?
There are many Carolina 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, Carolina manufacturing companies and small business owners can keep growing their businesses in Rock Hill, Columbia, and Greenville from a local Charleston 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 Carolina 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 Charleston 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
- Charleston, SC Free Trade Zones Import Financing
- 24/7 Online Reporting
- Credit Services & Risk Analysis