Coast 2 Coast Capital has a premier lender network providing factoring solutions to small and medium-sized businesses nationwide.
Accounts receivable factoring, (also called A/R financing), is the purchase of accounts receivable invoices at a discount.
If you sell your products or services to businesses that pay in 30, 60, 90 days or more, Coast 2 Coast Capital has a liquidity solution for you to get you the majority of the funds immediately. We can help secure factoring solutions for companies that are start-ups, losing money, or in bankruptcy, because accounts receivable factoring is based on your customer's credit, not yours.
This is not a ”debt.” This is not a loan! You are selling an asset. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customers' credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance.