Factoring Top 10
Quick and simple process — Start factoring your accounts receivable right away with Maine Factors. Complete our easy-to-fill-out application today, and we will let you know if you are approved within one business day.
Receive cash for your invoices in one day or less — Don't wait days, weeks, months or even longer to be paid for your invoices. Increase your cash flow and encourage business growth by factoring your invoices with Maine Factors in one business day or less.
Increase your capital without a business loan. With accounts receivable factoring from Maine Factors there is nothing to pay back, no interest, no closing costs and no long-term commitments. Up to 96% of the face amount of your invoices will be advanced to you in cash, then we collect on the invoice.
Increase marketing efforts — Use the increased cash flow from factoring to increase the advertising and marketing of your business and benefit from more revenue for expansion or growth.
Provide consistent weekly cash flow to allow for better planning and growth. Factoring provides you with more working capital and the ability to save for emergency funds as well. You always have a place to get fast cash from your outstanding invoices and accounts receivable with Maine Factors.
No more stress involved with a lack of cash. Accounts receivable factoring from Maine Factors provides you with a reasonably priced financial tool that can be used to meet business obligations and ease cash flow pressure, taking the stress off your company.
Reduce administration costs associated with collection activity — Save your employees' time for helping customers and growing your business. There's no need to hire a collection manager with factoring from Maine Factors; we take your invoices and take care of collections.
Gain the flexibility to offer better terms to customers — With factoring, you benefit from better cash flow and the flexibility to offer better terms to your customers, thereby growing your business and expanding your customer base.
Funding is based on the financial strength of your customers. Factoring is based on the financial strength and stability of your customers and not your personal FICO score or business credit score. Even if your company is in a challenged financial situation, you can still use Maine Factors's factoring services to overcome cash flow difficulties.
Concentrate on your business, NOT on collecting invoices — Spend less of your time worrying about invoices and focus on what you do best - running your company. With factoring from Maine Factors you receive immediate cash for factoring your accounts receivable, and we take on the risk and stress of collecting on invoices.
