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The Factoring Process is simple and quick: Payment in cash, to the client (usually within 24 hours), comes not from the customer, but from CAPCO Financial, who has a formal agreement with your business to provide funding by purchasing the receivables on a continuing basis. Upon delivery of the goods or services, invoices are generated by the client, and CAPCO Financial purchases those invoices and advances the cash. As part of the process, we assume responsibility for the debt collection. Factoring is the only financing mechanism directly linked to a companies sales.
In addition to traditional factoring, CAPCO can offer its clients a credit line based on a companies accounts receivable. Invoices for goods delivered and services rendered can be converted into a "line of credit" from which they may draw funds to better manage their business and finance its expansion. Compared to bank lines, these credit lines use far less collateral, require only minimal paperwork, can be implemented in a short period of time and, best of all, grow with the business. This credit line compliments existing loans, and loans sought in the future, yet allows access to additional funds as needed.
Why Should I choose CAPCO Financial Corporation
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