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Factoring
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1 Complete a one-page application.
2 Get approved
3 Provide invoices for purchase.
4 Get funded fast!
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Invoice factoring allows you to turn your slow paying invoices from good customers into immediate cash. It's a very simple transaction in which you trade an invoice from your accounts receivable - "almost cash" - for actual cash.
One very important thing to know about invoice factoring or accounts receivable factoring is that it doesn't generate debt. New Century Financial does not loan you money for your business invoices. It buys them outright from you at a small discount. Since invoice factoring is not a loan, qualifying for it is easy and your financial statements look cleaner. You just need a well-run business and great customers.
Custom factor solutions for most industries, including: Staffing; Manufacturing; Distribution; Service; Transportation and Trucking Your business can benefit from accounts receivable factoring to smooth out cash flow. Payroll is an expense that can not be delayed, and many business owners use invoice factoring in tight business cash flow periods. Getting started with invoice factoring is easy.
New Century Financial gives you the cash you need today to prepare your business for tomorrow. Use Just In Time Cash invoice factoring to meet payroll today or to grow your business. New Century Financial’s years of factor experience gives them unique insight in providing customized solutions to accommodate your business cash flow needs. And unlike most accounts receivables financing or factoring companies around, New Century Financial offers unmatched service and a straightforward fee structure you can understand and trust—without costly surprises. In the industry, New Century Financial is widely known as “The No Fees Guys™.” Isn’t that just what you’re looking for?
No limit invoice factoring
When you call on New Century Financial, we don’t place arbitrary limits on the minimum or maximum amounts of the account receivable you can finance. We give you the degree of flexibility you need to factor (sell) all or partial invoices any time from the date the invoice is created to the date it is paid by your customer. You choose how much cash you need, and when you need it. You maintain control of the entire factoring process and your business.
A factoring company with industry know-how
As a factoring company, New Century Financial has a long history of providing account receivable factoring through Just In Time Cash, for manufacturing, distribution, staffing, service, trucking and transportation businesses. As a result, we understand the unique needs and documentation required in your business. We thoroughly understand what it takes to approve and verify your invoices quickly, giving you the cash to fund your business through timely invoice factoring.
Invoice factoring choices
What do you need more capital for? Payroll, debt reduction, new business or just growing to the next level? Because nobody knows your business like you do, New Century Financial invoice factoring gives you the cash to accomplish your unique business mission—without a lot of restrictions to get in the way.
No time like the present
Why worry about having enough cash to meet your business needs? New Century Financial helps you smooth out the roller coaster ride of up and down moves in your business cycle. We provide valuable advice and best practices you can trust to respond to the unique requirements of your industry. New Century Financial is here for you today…and tomorrow. Just give us a call, or fill out the online form.
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