SOURCE: Business Factors

factoring, invoice factoring, accounts receivable factoring, factoring companies, AR factoring

January 10, 2011 06:00 ET

Factoring From Business Factors Helps Wholesale Distribution Companies Stock Up

LOS ANGELES, CA--(Marketwire - January 10, 2011) - In an industry as dependent on consumer demand as wholesale distribution, one bad quarter can make or break a company, making the current economic slump especially rough. But with the help of Business Factors, a leading factoring company, wholesale distribution companies can stay afloat during tough times.

Business Factors specializes in providing invoice factoring (also known as accounts receivable factoring), a service that provides quick cash to companies in need. Clients simply submit their client invoices to Business Factors, and they advance a percentage of the total amount of each invoice, minus a small fee, to the client in cash. Business Factors works with a wide range of distribution companies; because funding is based on the financial strength of customers whose invoices are submitted, and not business credit scores, even wholesale distribution companies in challenging financial situations can apply for Business Factors' wide range of factoring services.

"We work with wholesale distribution companies of all types and sizes. Whether you are a small distributor that specializes in niche items, a midsized distributor that offers a variety of products in just one industry, or a large distributor that sells everything but the kitchen sink, we can work with you," said Robert Bernfeld, president of Business Factors.

Unlike other factoring companies, Business Factors inform applicants of whether they are approved for invoice factoring within 24 hours. After approval clients receive quick funding that they can use for their businesses in any way they please. This includes stocking up on additional inventory, paying warehouse rental fees, purchasing new computers or equipment for operations, or creating a business marketing plan.

Factoring from Business Factors allows wholesale distribution companies to focus their time and company resources on more profitable things then accounts receivable activities. For additional information, call 888-234-6663, or visit www.BusinessFactors.com.

About Business Factors:

Business Factors is a business finance company that specializes in providing invoice factoring, accounts receivable financing, equipment loans and leasing, and more to businesses across the US and Canada. They are experts in the business and finance industry, and can help large and small businesses successfully find the best solutions for their growing business capital needs.

Contact Information

  • Contact:

    Matthew Miladinovich
    310-375-6000