Your Non-Recourse Virginia Factoring Company
Virginia’s Local Employee-Owned Factoring Company
Virginia, the Old Dominion State, is home to over eight million residents and 745,000 small businesses. It is known for its outdoor scenes with lakes, Appalachian Trail, the Blue Ridge Mountains, and beaches. Virginia ranks as the top business-friendly state in the country, with elite education institutions, a diverse workforce, and a commitment to business supported by State Legislators. Bankers Factoring is proud to provide Virginia-based companies with the cash flow solutions of invoice factoring and PO Financing.
Virginia’s economy benefits from its proximity to the Washington D.C. and Maryland areas; the tri-state area is commonly referred to as the DMV area. The Old Dominion state thrives in the agriculture, engineering, financial, technology, and transportation industries. Virginia is home to 22 Fortune 500 companies, and the state contributes 2.5% of US GDP. The opportunities for professionals and small businesses are robust in Virginia.
- Distressed financial environment
- Special VA Freight Factoring Programs
- Loan denial
- Poor credit
- Commercial clients with long payment terms
Bankers Factoring funds Virginia businesses in the industries of:
Plastics & Rubber
If you are growing your business in Virginia, but if 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 Virginia?
That’s because many entrepreneurs are attracted to West Virginia’s great business climate. Meaning, 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 Virginia factoring company like Bankers Factoring can assist your company in VA. How so? Because we offer accounts receivable invoice factoring and purchase order financing services so 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 slow-paying customers who can’t pay. That’s the beauty of working with Bankers Factoring because, as part of our non-recourse factoring process, we pre-approve your customers’ credit and provide you with credit protection for a small fee.
Sadly, we have noticed over the years that whenever we decline an account debtor (your customer) for credit reasons, and our client sells them without credit protection from us, our client inevitably takes a hit.
You continue to satisfy your customers and Bankers Factoring will provide unlimited and credit-protected working capital via our factoring programs. With Bankers Factoring, your VA business will grow and outperform your competitors.
- We take the Credit Risk
- Discount Rates as Low as .75%
- $25,000-$5,000,000 Invoice Credit Line
- Credit Services & Risk Analysis
- Same Day Funding after Setup
- Apply Online in Minutes
- No Hidden Factoring Fees
- Single Invoice Factoring-You pick which Invoices you Fund
- Virginia Free Trade Zone Trade Financing
- 24/7 Online A/R Reporting