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  1. #1

    Invoice Factoring Needed !

    Looking to add a Invoice Factoring company to my platform. Any reccomendations ? Only if you've done business with them. Even better if you have a rep I can contact directly.

    TIA

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    So it depends on the industry and the volume.....

    I have a couple that can't handle what you guys typically run into due to minimum volume requirements.

    https://solutionscout.com/invoice-fa...ing-companies/

    Hedley posted these for trucking: Triumph and RTS are some of the largest factors in the industry

    I have a couple for health industries...
    Last edited by Olderguy; 01-11-2023 at 02:44 PM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
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    @ SBA loans - 7A and 504.
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  3. #3
    Call me: 754-778-8448
    Mark Perlman
    BlackTieFunding.com
    Mark@blacktiefunding.com

  4. #4
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    It depends. Do you want the best or so so? Do you want cheapest, quickest, least liens, least fees?
    Josh Dan
    B2B Funding LLC
    josh@b2bfundingllc.com
    Super Broker
    (347) 794-1592

  5. #5
    Senior Member Reputation points: 3829
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    Quote Originally Posted by Olderguy View Post
    So it depends on the industry and the volume.....

    I have a couple that can't handle what you guys typically run into due to minimum volume requirements.

    https://solutionscout.com/invoice-fa...ing-companies/

    Hedley posted these for trucking: Triumph and RTS are some of the largest factors in the industry

    I have a couple for health industries...
    Do you have one for construction? Like government contract winning contractors?

  6. #6
    I can help with this. Gov contracts are easy can close in 5 days or less.
    Mark Perlman
    BlackTieFunding.com
    Mark@blacktiefunding.com

  7. #7
    Senior Member Reputation points: 23563
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    Quote Originally Posted by FunderFunding View Post
    Do you have one for construction? Like government contract winning contractors?
    anything with progress/milestone billing becomes more challenging

  8. #8
    Senior Member Reputation points: 216519
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    Quote Originally Posted by goatFunding View Post
    anything with progress/milestone billing becomes more challenging
    Milestone billing is more challenging, but there are PLENTY of factors who do subcontractors, and they are all 100% milestone billing.

  9. #9
    We work with B2B companies providing their clients with short term lines of credit. Supplier gets paid right away and their clients pay us back over time.

    It’s a great addition or replacement for factoring. Incentives for both sides. Plus, we require 533 credit, 6 months in business, and $75k per year in revenue. A lot of factors won’t touch that.

    Let me know if you would like to learn more or if you will be at the Broker Fair.

    rodney.rabah@finstro.com

  10. #10
    Send me your contact info. I have plenty of clients who could use this!

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