Factoring allows a business to obtain immediate capital (CASH) based on the amount due on an account receivable or a business invoice. Accounts receivable represents money owed to the company from its customers for sales made on credit.
Who are We?
Corporate Billing was established in 1995 to meet a critical need: helping members of the trucking, automotive, transportation, oil, and gas, manufacturing, service, storm response, staffing, and other industries gain access to capital quickly. In over 25+ years, we have provided thousands of clients in the United States and Canada with access to capital and a suite of other customized solutions on flexible terms.
Why Us?
You’re getting more than access to capital: you’re partnering with a team of subject matter experts and professionals who understand the complexities of your business. We’re ready to offer you credit, billing, 24-7 accounts monitoring, and collection services. We are a team of professionals here to provide custom financing solutions, flexible terms, and the assurance that your needs are met in a timely manner. We handle the paperwork and, in some cases, the risk and leave you with peace of mind — it’s that simple.
Factoring Options Offered: We offer our members two types of factoring options: Recourse Billing and Non-Recourse Billing. There are no long-term contracts as we earn your business every day.
Recourse Billing Factoring: We fund the invoices minus a small reserve and our fee. Our team handles all of the billing, credit work, posting, and collections, and upon payment of the invoice, the reserve is returned!
Non-Recourse Billing Factoring: The invoice is 100% funded minus our fee and all billing, collections, credit work, and payment posting is done by our team. **We Take the Risk**
Advantages of Factoring:
- NO Debt as it is not a loan.
- Paid within 24 hours.
- SAVE THOUSANDS. Put more money in your pocket by increasing cash flow.
- Control your cash flow.
- Flexibility. NO contract periods. No Minimum Requirement.
- THINK BIG…. Bid on bigger projects and grow to your full growth potential
We have provided thousands of clients in the United States and Canada with access to capital and a suite of other customized solutions on flexible terms. Contact Us Today! 877.584.3600 or sales@corpbill.com