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Consumer Receivables

Although they are a relatively recent development, retail installment contracts have become a crucial financing instrument for today's retailer. Over the past ten years, consumers have learned that they can purchase more and enjoy a better lifestyle with credit. As a result, new financing vehicles have made this borrowing quicker, easier and more profitable for companies equipped to handle such business.

Factoring Associates has developed a number of creative financing avenues that enable you to capture business your company might currently be missing. We have built many profitable relationships with companies that have used our financing capabilities, and look forward to helping your company in the same manner. Factoring Associates has the ability to create a program specifically designed for your business needs. So, if your company is currently offering financing, needs outside financing or has a portfolio to sell, we can help.

Typically, our financing terms range anywhere from six to 48 months on contracts above $500. If you currently have a financing portfolio in place, we can assist you in the collection and service of those clients and help you roll new clients into the program as well.

By making our professional staff your company collection agency, you can shift your resources to where they are best placed - sales. As a turnkey financial provider, we also provide custom billing services, electronic fund transfers (EFTs) and bad debt collections.

If your business deals directly with consumers, you may be missing out on valuable residual income. Why not call Factoring Associates today, and we will assess your company, and determine where you can best leverage your financing to create profit and customer loyalty.

Please feel free to contact us with any questions, or apply now to begin factoring today.

 

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