If you own a small to mid-sized business organization and facing problems like cash crunches due to slow turnover and your capital is tied in the outstanding invoices and receivables then 1st Commercial Credit is there to help you. We are one of the leading finance or factoring organization that provides a complete line of asset based financial services that includes factoring services, inventory finance, equipment leasing, purchase order funding, accounts receivable management, and other related financial services.
Accounts Receivable Financing: We provide the best accounts receivable financing structures to small-mid sized organizations that rely on outstanding receivables for their working capital. We help to release cash to meet the immediate needs of companies. Account receivable funding or Account receivable factoring is the best financing tool for restoring the liquidity of a business by acquiring working capital. At 1st Commercial Credit, we make accounts receivable financing extremely easy and simple by involving minimum paper work. We finance accounts receivable not on the bases of tax returns or financial plans of the company but by determining the financial strength of the customers. The approval process takes only 3 to 5 working days and as soon as the application process is complete our clients can start using their funds.
Asset Based Lending: Asset-based financing is a kind of business loan in which the organization pledges any asset as collateral. Asset based financing is getting very popular these days as the interest rate has really dropped down due to the increasing competition. 1st Commercial Credit offers asset-based financing to organizations and helps them increase their borrowing capacity. Asset-based lending has become a powerful financial tool for undercapitalized organizations.
Purchase Order Finance: Purchase order financing helps in growth and expansion of the organization by providing smooth cash flow reserves and helps you to meet critical business expenditure on time. Whether you need finance for your manufacturing, domestic, or international trade, 1st Commercial Credit purchase order financing solutions are perfect. Purchase order funding is available for U.S. based companies with a proven track record in their industry. The process involves issuing letters of credit or providing funds that will help you to carry out your important order and increase sales. Our purchase order or trade finance programs fund sales transactions up to 100% of the capital requirements.
