Distribution Factoring is now a major part of Whitmore Financial. Factoring is an essential financial tool for distribution companies and start-up distributors and the factor you are working with must understand the cash flow challenges that you face daily and the need for readily available cash to help move the business forward.
Our decision makers will work closely with you to put together the right factoring facility for your business, which will include one of the lowest factoring fees in the industry and high advances on your receivables.
With factoring, you focus on what you do best; product quality, sales, customer service and growth, and we focus on what we do best, factoring, and assuring that your steady cash flow continues! With Factoring, the strengths are in your accounts receivables and the ability of the company to generate eligible sales – not time in business or financial condition. And, with factoring you are not creating debt. Used on their own or to complement each other, we offer a range of proven financial solutions to help you not only improve your cash flow but get your business moving forward.
Cash to bring your business plans to life; grab new opportunities; invest in new equipment, meet payroll, meeting other expenses or simply negotiate better terms with your suppliers. Factoring is actually healthy and an essential financial tool for companies to maintain a steady cash flow.
We can fund most situations, including startup businesses, certain clients with financial problems, tax liens or bankruptcies! We will work closely with you to put together the right factoring facility for your business, which will include one of the lowest factoring fees in the industry and high advances on your receivables.