Bankers Factoring is your Cheyenne WY PO Funding & Factoring Company
Cheyenne is the largest city in Wyoming and serves as the state capital. Cheyenne, the Magic City of the Plains, is home to a little more than 65,000 residents. It is considered the nation’s rodeo and railroad capital. It is home to various museums, historic hotels, and mansions, a collection of steam engines, western-themed attractions and shopping, and resorts and ranches.
Bankers Factoring is honored to be the leading Cheyenne Accounts Receivable Factoring Company helping businesses solve their cash flow problems.
The economy of Cheyenne, Wyoming, employs over 31,000 people. The largest industries in Cheyenne are Health Care & Social Assistance. Retail Trade, Mining, Quarrying, Energy, and Oil are the most potent economic drivers. Wyoming is an excellent location as it has no state income tax. At 4%, the state’s sales tax is one of the lowest of any form with a sales tax, though counties can charge an additional rate of up to 2%. Wyoming’s average effective property tax rate is also on the low side, ranking as the 10th-lowest in the country.
Bankers Factoring is proud to provide Cheyenne-based companies with cash flow solutions such as accounts receivable factoring and PO Financing
There are many benefits for choosing Bankers Factoring over other Cheyenne WY factoring companies. Below are just some of the benefits.
- Quick qualifying and approval process
- Immediate funding
- Competitive rates
- We take on the credit risk
- Flexible lines of credit for your needs
Bankers Factoring is the leading invoice factoring and PO Funding company in the Cheyenne WY area. As an employee-owned invoice factoring company, we are committed to helping our clients grow their businesses by providing quick access to working capital.
Bankers Factoring Funds Cheyenne Companies in:
Bankers Factoring helps Cheyenne 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.
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 90-days or longer for payment from commercial customers?
Fast Funding
"*" indicates required fields
What Makes Bankers Factoring Different?
There are many Cheyenne 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 based on the financial strength of your customers. 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.
Whether your company is in Provo, West Jordan, or Orem, get funded from a local Wyoming 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. After you send your invoices to us, 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 Salt Lake City 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 from customers 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 pres-sold goods for you as part of our unique Boise PO Funding company program.
Benefits You Get With Bankers Factoring in Cheyenne:
- 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. Faster than a bank loan
- No Hidden Fees
- Purchase Order Financing Company for Importers
- 24/7 Online Reporting
- Credit Services & Risk Analysis
Ready for Bankers Factoring to fund your Cheyenne Company?
Call or go to our Bankers-Factoring Application
Bankers Factoring Alabama Offices | Bankers Factoring Florida Offices | Bankers Factoring Tennessee Offices