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Invoice Factoring Companies In Brooklyn, NY
Factoring companies purchase invoices in advance from businesses for a reduced upfront fee. Many companies use factoring as a way to bridge gaps in cash-flow. In addition, companies looking for cash injections for short-term costs also use factoring to receive financing without taking on additional debt. If you’re a business that operates in Brooklyn, NY you should consider one of the following companies for invoice factoring.
Rosenthal and Rosenthal
Rosenthal and Rosenthal is a financial services firm that is located in New York City but also caters to clients in Brooklyn. The company was founded in 1938 and has been helping clients with a range of financial solutions since its inception. The firm prefers to take on long-term clients as they believe they can better assist companies they know well. Rosenthal and Rosenthal provide mainly to medium and large firms within established industries.
Capstone Credit Group
Capstone Credit Group can provide Brooklyn business owners with factoring services no matter what industry they currently operate in. They also provide a range of other comprehensive funding solutions. Their website has a list of case studies to further prove their factoring solutions in action. The majority of their clients consist of suppliers, manufacturers, and general contractors.
United Factoring
United Factoring is a small factoring firm located in Brooklyn, New York. They are able to help small companies with invoice collections and invoice factoring. In addition, they provide check cashing services to their clients, as well as the public.
Verdict
Rosenthal and Rosenthal is the perfect option for a medium or large firm looking to form a long-term working relationship with a factoring company. Capstone is another one of Brooklyn’s largest factoring firms — they service the entirety of the New York City region. United Factoring should only be used by very small businesses who have limited choices when it comes to financing.
