account receivable factoring





OUR PROVEN FACTORING PROGRAMS
HELP BOOST YOUR CASH PROFITS
Up to 97% Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as
well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience dilution
and that we would otherwise not be able
to service. Advance rates range from
80% to 97% of the gross invoice amount.


Fee Structures:
Fees are determined based on your industry,
the credit worthiness of your customers,
how quickly your invoices turn, and
monthly factoring volume.

OCF provides individualized customer service,
by tailoring our flexible programs to fit the individual
needs of each of our clients. We strive to
be responsive, handling receivables
with speed, efficiency, and a personal touch.

As a client you are assigned one account
administrator who will personally handle
all of your account activity and inquiries.
This gives us the ability to buy your
receivables and get the money to
you within 12 to 24 hours.

Having one person look after your account
also makes it easy for you to decide
which invoices you are going to sell and
when you want to sell those invoices.

Our funding is primarily done by
direct deposit or wire.

 

Contact our factoring specialists at:

Toll Free:  888-266-0197

On-Line Factoring
Request Form

More Account Receivable Factoring information

Account Receivable Factoring is the process of purchasing commercial
accounts receivable(invoices) from a business at a discount. Business practices today
dictate that in order to get business you, as a provider of goods and services,
must extend terms to your customers.
These terms can squeeze the life(and cash is the lifeblood of any business)
out of a new or struggling company.

 
Prior to the 1930's, account receivable factoring in this country occurred primarily in the textile and
garment industries, as the industries were direct descendants of the colonial economy that used
factoring so specifically. after the war years, factors saw the potential to bring account receivable
factoring to other forms of invoice-based business and the expansion began.



invoice factoring
freight factoring