Is Invoice Factoring Right for Your Business?
What Makes the Best Factoring Company?
Bankers Factoring takes the Credit Risk, Start-Up Friendly & Factoring Pricing that Drops as You Grow.
- Is Invoice Factoring Right for Your Business?
- What Makes the Best Factoring Company?
- What is Invoice Factoring?
- Why does Bankers Factoring take the Credit Risk?
- Factoring Fees that are Easy to Understand
- Factoring Rates & Fees that Drop as you Grow
- Does Bankers Factoring Harangue my customers?
- Ready for the owner-employees of Bankers Factoring to fund your company with non-recourse A/R Financing? Call 866-598-4295 or go to Bankers-Online-Factoring-Application.
One of the few Employee-Owned A/R factoring companies.
Everyone you deal with at Bankers Factoring is an owner or working towards their ownership goal. Our people care just as much about their business as you care about yours. We are together as fellow entrepreneurs and business owners, trying to grow our companies properly. That is one of the reasons we typically take the credit risk for our client’s accounts receivable financing. Even at 90-day business selling terms, offering bad debt protection is the right thing to do.
What is Invoice Factoring?
The Success & Trust Factor at Bankers Factoring
If we can change one entrepreneur’s life by giving them critical working capital with bad debt protection, Bankers Factoring has made the world a better place.
Chris Curtin, Bankers Factoring’s President, and Founder
Become an entrepreneur and change the world. Bankers Factoring people are blessed with funding that entrepreneurial spirit in America. We are all inquisitive, not afraid to ask tough questions, and hold ourselves and our fellow owners accountable. Bankers Factoring people are learners. When you’re green, you grow; when you’re ripe, you rot. Bankers Factoring people stay green.
The five magic words at Bankers Factoring are: “I Can Only Change Me”. We all believe in personal accountability – taking responsibility for one’s actions, problems, need for training, and feelings instead of blaming others.
But most importantly, our people always have a choice. At Bankers Factoring, we remind each other that we always have a choice. Whether it is about expanding to new markets, launching a new factoring product, merging with another factoring company that fits our culture, or changing the way we do business, we always have a choice.
Instead of accepting the circumstances as inevitable, our owner-employees make choices that help us grow and thrive in the marketplace.
The Bankers Factoring Creed
Do our daily choices strengthen our balance sheet, make Bankers Factoring a stronger, safer company, and improve our client’s and our people’s lives? We are compensated for the risks we take because the finest tools and best people do not come cheap to get critical working capital to the not-yet bankable entrepreneur.
Chris Curtin, Bankers Factoring Founder
What do the three gold stars above the blue column signify in the Bankers Factoring Logo?
Strength, Safety & Guidance
- Strength with our unlimited working capital, your business can survive and thrive.
- Safety in Bad Debt Protection where Bankers Factoring takes the credit risk.
- Let Bankers Factoring guide you through credit, cash flow, and growth issues.
The blue column (or white on a dark background) below the three gold stars represents the strong support Bankers Factoring provides you through your growth as an entrepreneur. We are excited to welcome you to the Bankers Factoring family.
Why does Bankers Factoring take the Credit Risk?
In life, there is only one thing worse than no sales: making the sale and never getting paid. Of all the things you need to do to build a successful company, making credit decisions on your customers can be the most difficult.
You take care of your client’s needs and deal with us honestly, and we will supply you with unlimited working capital and 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. Many times, these losses have been fatal.
I like it that Bankers Factoring understands the nuances of my wine import business. The other factoring companies I talked to didn’t seem to grasp my specific needs.
Sara H, Wine & Spirits Importer
Factoring Fees that are Easy to Understand
We have seen contracts from other factoring companies and funding sources that we can’t even figure out what they are charging their factoring clients. Bankers Factoring takes pride in the fact that you can compute your true cost of factoring on the back of a napkin.
We firmly believe that the forms of financing we offer can be safer than a line of credit at a bank factor and give you more working capital regardless of cost versus a small business loan. Bankers Factoring is cheaper than your credit card and much safer.
Factoring Rates & Fees that Drop as you Grow
Factoring pricing is based on your sales volume. But what happens if you are a start-up or fast growth? Why be locked into low sales pricing in a high-sales company? Bankers Factoring has tiered-factor pricing to reward you for your growth with a lower cost of funds.
Does Bankers Factoring Harangue my customers?
Never. The beauty of having your customer’s credit pre-approved is that we aren’t worried about when and if the payment is coming. We only trust and confirm that your customers are satisfied with your service or product’s quality, quantity, and timeliness. We look beyond your credit score and past business problems.
Our client’s customers often refer us to their other vendors needing working capital to make them stronger financially and a better provider of services. They would only do so if they appreciated our professional dealings with them, the famous Bankers Factoring light touch with account debtors (your customers), and our accounts receivable factoring services.
Why choose Bankers Invoice Factoring? It is Trust & Confirms at Bankers Factoring, not Trust, But Verify.