Factoring company research is perhaps the most important step businesses should complete before deciding to factor receivables. Here are a few categories you should consider when seeking a factoring company:

Factoring Companies’ Customer Support | Reputable factoring companies will offer broad-spectrum customer support services like email, fax, and telephone support, and should always be easy to reach. As with any reputable vendor, your factoring company should be available and attentive to your needs.

Factoring Companies’ Experience | Factoring companies often offer a wide range of services, including things like cash advances and loans. But the most reputable factoring companies, like Bridgeport Capital, while they do offer services other than specifically AR factoring, their primary focus remains on receivable funding options.  This specialization usually translates to high quality factoring services.

Factoring Companies’ Industries | A reputable accounts receivable factoring company should be able to provide you with a list of industries they serve. A factoring company that provides AR factoring services in a variety of industries is more likely to have a solid reputation for their AR factoring services.

And if you’re starting your research now….

Bridgeport Capital offers second-to-none customer support for all accounts receivable factoring clients.

Our services and experience are all inclusive to accounts receivable factoring and management.

And, we proudly serve a variety of industries as a premier factoring company.

Is factoring receivables a good way to control inventory?

Factoring companies are great resources for creating working funds. We’ve mentioned before that uncertain times, accounts receivable factoring can actually (more…)

Factoring Receivables for the Long Term

Factoring companies offer valuable short term funding as we discussed Monday, but what about a long term solution? Is factoring receivables a sound financial decision for long term planning? Can factoring receivables really offer valid help for those who don’t need or want quick-fix solutions?

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Factoring Receivables in the Short Term

Factoring companies happily work with businesses unable to find financing elsewhere; they offer accounts receivable factoring services that create valuable short term funding. The recent economic downturn has made banks and lenders stringent with loans, and even stricter with credit approval, yet the circumstances of small and medium businesses have not changed – they still need access to working capital, and AR factoring is often an excellent option to create it. (more…)

Factoring Companies: The Pros and Cons to Using them

Accounts receivable factoring through a reputable factoring company can be a great way to realize owed funds into working capital, but there are circumstances when factoring companies may not be the solution.

Here are a few reasons why….

Accounts Receivable Factoring Is a Sound Financial Decision

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