-
3 Minute Factoring Video
Get the Flash Player to see this player.
What are the benefits of Factoring with TSC Financial Services and Interstate Capital?
Although some of the benefits of factoring are obvious, there are many factors unique to the factoring process that often make it very attractive to consider factoring as a permanent fixture in a company’s capital structure:
- Interstate Capital provides some of the lowest factoring rates and the highest advances in the industry.
- Factoring is not a bank loan. It will have no effect your balance sheet and there is none of the costly administration and reporting costs associated with traditional bank financing. In many cases, we do not even require financial statements.
- Factoring is based on the creditworthiness of your customers, not the financial position and history of your company. For that reason, we have the flexibility to fund many companies that traditional lenders would not consider such as start-ups, rapid growth situations, and companies that have experienced temporary financial setbacks.
- Interstate Capital will work with you to establish prudent credit limits for your customers, resulting in fewer bad debt write offs and higher profits.
- Interstate Capital gives you real-time financial information including invoice aging, outstanding advances and reserve account information. This information is delivered 24/7/365 via secure internet connection so that you can keep your finger on the pulse of your business at all times.
- Interstate Capital clients also have access to an on-line credit inquiry system that allows them to immediately determine the credit-worthiness of their freight brokers and shippers.