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Invoice Factoring Companies In Bronx, NY
The Bronx is one of New York’s most famous boroughs – it is well known for housing many small businesses. If you’re a small business owner in the Bronx and you have trouble getting your clients to pay their invoices on time, consider looking into invoice factoring as an alternative form of finance. Factoring companies, commonly known as factors, use your client’s payment and credit histories to determine your eligibility. They will purchase your clients invoice at a small reduction and then collect the invoice themselves. Here are some of the best factoring companies servicing the Bronx, NY.
FGI Factoring
FGI Factoring is a large factoring company with offices in New York, Los Angeles, and London. They have an established reputation in the factoring industry for helping small businesses bridge gaps in cash flow and find tailor made solutions to financial needs. Unlike many factoring companies, FGI doesn’t have a lower limit on your invoice amount, meaning if you’re a small business they could be a great option for your firm.
TCI Business Capital
TCI Business Capital is another major New York factoring company. They service the five major boroughs in New York, including the Bronx. The firm has been providing factoring services to a range of different clients since 1994. They are a fast acting service that has developed a reputation for being able to deposit money into their clients’ accounts the same day an application if filed. If you need emergency financing now, head to TCI’s website for more information.
Milberg Factors
Milberg Factors is the most well-known factoring company in New York City. They cater to companies across the globe and can assist clients who want to collect international invoices. This is advantageous for those who have a complex and global client base. If you’re looking to get upfront funding for a large invoice, consider Milberg Factors.
Verdict
If you have a small invoice to collect you should contact FGI Funding to see what they can arrange for your company. If you’re a larger company with a complex or international invoice base then head with TCI or Milberg – they have the experience to get you what you need.
