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9 Replies Last post: Feb 21, 2009 2:04 PM by leasing4u

Factoring Line of Credit

Jul 1, 2008 6:36 PM

Click to view Rivera's profile Start-up Rivera 2 posts since
Jul 1, 2008
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We at Rivera Coatings LLC are a Industrial Coatings
Manufacturer that are interested on obtaining a Factoring Line of Credit to
discount our accounts receivables. Can you give me some information on
what to do and what we need to open such a line of credit?

I thank you in advance for your prompt response.

Regards,

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Click to view Kristin's profile Professional Kristin 4 posts since
Jul 2, 2008
1. Re: Factoring Line of Credit Jul 2, 2008 7:39 PM
Hello, how long have you been in business, how much do you need and how is the personal credit of all members of the LLC?
www.businessnoggin.com
Click to view dtominus's profile Mogul dtominus 109 posts since
Jun 3, 2008
2. Re: Factoring Line of Credit Jul 2, 2008 11:53 PM
I can Help with that , Please call me so we can talk !!!!!

David Tominus
727-545-9530

Click to view mlebovits's profile Mogul mlebovits 42 posts since
Oct 10, 2007
3. Re: Factoring Line of Credit Jul 3, 2008 12:56 AM

Funding 911 can help you obtain a factoring line of credit.

With your most current accounts receivable aging report, I can get the process started immediately.


Marshall Lebovits

www.Funding911.com

310-371-4011

Click to view netnextday's profile Authority netnextday 11 posts since
Feb 13, 2009
4. Re: Factoring Line of Credit Feb 13, 2009 5:10 PM
Were you able to receive the help in factoring that you were looking for? If not, I would love to speak with you. Our product is a hybrid between a traditional line of credit and a factoring company. Our fees are much lower and the business owner has much greater control of their cash flow. You can e-mail me at netnextday@yahoo.com if you are interested.
Click to view Greg9595's profile Professional Greg9595 1 posts since
Feb 9, 2009
5. Re: Factoring Line of Credit Feb 17, 2009 6:51 PM
We can assist your.

Greg Godfrey
Cembrus Capital
877-737-9185 x227
Click to view bmt2008's profile Mogul bmt2008 305 posts since
Jul 30, 2008
6. Re: Factoring Line of Credit Feb 18, 2009 12:52 AM

Factoring A/Rs is a great way to get working capital for a growing business. Their are good factoring companies and some real winners - if you know what I mean? We only work with honest company that are dedicated to helping you succeed - as you succeed - they succeed.

Business Money Today
www.businessmoneytoday.com
Click to view netnextday's profile Authority netnextday 11 posts since
Feb 13, 2009
7. Re: Factoring Line of Credit Feb 18, 2009 12:34 PM
Please contact me at netnextday@yahoo.com. I would love to talk to you about our product. We are a hybrid between a line of credit and a factoring company. You receive all of the benefits a factoring company has to offer without some of the drawbacks. Our fees are much lower but you still have the same access to your receivables for financing. Definitely worth a short conversation to see where we are different than the others.

Thanks! Nicole at Netnextday@yahoo.com
Click to view Factorpedia's profile Start-up Factorpedia 1 posts since
Feb 20, 2009
8. Re: Factoring Line of Credit Feb 20, 2009 2:21 PM
Hello,

Choosing a factoring company should be a careful well thought out decision.
There are many factors out there and they are all different in many respects.
You may want to consider starting at the Commercial Finance Association’s free
search (http://www.cfa.com) lender search feature for a few factors in your
area. You should call a few, ask them questions and listen to their answers. This
will help you to get a feel for who they are and how they do business. Once you
have a feel for a few factoring companies you should work on understanding
their pricing and contract differences. Your final choice should be based on
the criteria you would choose any other critical vendor for your business. Before
singing a factoring agreement have a qualified attorney review the contract
documents so you are completely clear on what you are entering into. Keep in
mind competition for factoring business is fierce and often times you can
negotiate a better deal one way or another. For a great deal of information on factoring
consider visiting www.factorpedia.com.


Good luck with your search,

Click to view leasing4u's profile Mogul leasing4u 12 posts since
Feb 10, 2009
9. Re: Factoring Line of Credit Feb 21, 2009 2:04 PM
Rivera, let's chat about factoring. Call me. Steve 615-554-0988