Contact our office today to find the best solution for your business. Options include purchase-order financing and factoring.
Import and export financing is a series of solutions designed to help importers and exporters finance their businesses. Contact one of our experts today for help in preparing a winning application. These loans may require a lot of paperwork and can be hard to qualify for, especially if you don’t have help. Small Business Administration (SBA) loans.To be eligible for asset-based financing, businesses should be operating for at least six months and have at least $1 million in annual revenue. These loans are subject to a borrowing base, which is the maximum amount the business can borrow based on the value of its assets. Asset-based lending uses a company’s assets - such as its accounts receivable and inventory - as collateral. Asset-based lending and accounts receivable financing.Spot factoring is a convenient way for a business to try out factoring by selling one or two invoices to a factor (as opposed to the business’s whole book). This is the opposite of recourse factoring, where the business that sold the invoice must replace the invoice or repay the purchase price if its client does not pay within a specified period of time.
In non-recourse factoring, if the invoice is ultimately not collected, Business Factors absorbs the loss. Invoice, small business, non-recourse, spot factoring and start up financing.With an office in the Los Angeles metropolitan area, Business Factors offers the following cash flow solutions: Services are available 24/7, 365 days a year. Business Factors can help you monetize the invoices in as little as 24 to 48 hours. It allows businesses to obtain working capital to finance their day-to-day operations and relies on the creditworthiness not of the business but of the business’s clients. “Easy as 1-2-3.Factoring is the sale of pending invoices (accounts receivable) at a discount to a factoring company like Business Factors.
Highly professional and best of my knowledge.” Google Review The best part is before you sign up with any broker you can check their credit rating by entering their MC number in their portal. “My all time favorite factoring company where you can easily reconcile your books and super easy to Bill the invoices. They are very professional, responsive & helpful when it comes to their Clients and Outside brokers.” Google Review “Very good company to work with!!! Definitely the Leader in Factoring when it comes to the trucking industry. I have been working with Triumph for almost 5 years now and all I can say is that service is impeccable.” Google Review “If there was a 10-star option I would give it to this company. Great customer service overall, and they go out of their way for their customers, highly recommend.” Google Review “Excellent company, very professional and organized and always quick to respond to any inquiry. So helpful over the phone.” Google Review “Triumph’s team has been a major help to me and my business. Wouldn’t go anywhere else.” Google Review They are always ready and willing to deal with any issues that may come up. I was a little apprehensive about using a factoring company but once I got started and received my first funding I realized that it was the best for my company! Thanks Triumph!” Google Review “Triumph’s service is superb! They have a very easy process to get you started! They were very helpful and professional.
There first response with me was like talking to a family member and that hasn’t changed. “I am so thankful that I found a great factoring company like Triumph Business Capital. Also very organized and well laid out plan for helping new customers get started.
Customer service is like talking to an old friend. “This is how everyone should run a business.