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FACTORING
PROGRAM
American
Commercial Capital, LLC offers financing to its clients through
the purchase of accounts receivable. The key to this type of
financing is the credit worthiness of our clients' accounts
receivable. The funds advanced by American Commercial Capital, LLC
are repaid through the subsequent collection of purchased
receivables.
Upon signing an agreement, American Commercial Capital, LLC will
purchase your existing invoices. Then, as you create new invoices,
they are sold to us. After determining that an invoice is credit
worthy, we advance anywhere from 50% to 80% of the face amount of
the receivable. This funding will enable your company to pay
vendors and employees on a timely basis.
In addition
to an ongoing source of capital, our factoring program will
provide receivables management services. These services include
customer credit checks, accounts receivable bookkeeping and
collection assistance. Fees for this program start as low as 2%,
depending upon volume of sales, average invoice amount, credit
quality, and the terms of sale.
If the client's receivables are already pledged to a bank or other
lender, American Commercial Capital, LLC can often make
arrangements with the first lender to allow factoring.
PROGRAM HIGHLIGHTS
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Specializing in small businesses
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Free
consultation
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No
application fee
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No
processing fee
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No due
diligence fee
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Advances
of up to 80%
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Competitive fees
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Reserves
paid weekly
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Daily
reporting of cash received
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Weekly
accounts receivable aging
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Prompt
daily funding of Accounts Receivable (with purchase report)
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Custom
designed financing program
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Financing
without long-term contracts
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Help with
credit decisions
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