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Invoice Factoring Companies In Albuquerque, NM
Are you one of the thousands of small business owners that operates in Albuquerque, New Mexico? Like many small business owners, you may need additional working capital to help you meet certain payment requirements. This can be difficult if you operate in an industry with long payment cycles or cyclical gaps in cash flow. Instead of applying for a traditional business loan, you can use a process called ‘invoice factoring’ to get your company the working capital it needs. Invoice factoring allows you to sell your unpaid invoices in exchange for upfront capital – the factoring company collects the invoice when it matures. Check out these great invoice factoring companies that service Albuquerque.
Applied Capital
Applied Capital is a locally based factoring service in Albuquerque, New Mexico. They work with a wide variety of industries – they’re willing to take on almost any reliable company. They can also collect invoices internationally if you have an overseas client base. If you’re a complex company with complex requirements, you shouldn’t be scared to use this local provider.
Corporate Factoring Group
Corporate Factoring Group is a nationally operating factoring company that services Albuquerque. They offer some of the highest advances on the market – between 92% and 95%. Many other factoring companies only offer advances of up to 80%. If you’re looking for a large portion of your invoice to be paid upfront, consider Corporate Factoring Group!
Paragon Financial
Paragon Financial is one of the nation’s largest factoring companies. They have been helping businesses attain finance for over 20 years. They operate with several companies in Albuquerque. They have an online chat service that allows you to talk directly to a customer service representative regarding your eligibility. Head to their website and ask what they can do for your business.
Verdict
Applied Capital is the preferred choice for Albuquerque companies looking for a factoring partner with local ties. If you want a company that can provide you with some of the largest advances on the factoring market, apply for a quote through Corporate Factoring Group. Also, if you want to discuss factoring in-depth with a customer representative, use Paragon Financial’s chat server to get the information you need.