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Invoice Factoring Companies In Newark, NJ
Newark, New Jersey is famous for hosting one of the nation’s largest airports. It is also home to some of the nation’s largest shipping and freight companies. If you’re a business person in the area who is looking for ways to better fund your operations, consider using invoice factoring to help get capital. Invoice factoring companies purchase your unpaid invoices for a small fee. They give you working capital quickly and collect the invoice once it matures. You don’t have to take on any debt. We’ve compiled a list of Newark’s most reputable factoring companies.
AGR Financial
AGR Financial is a factoring service that has been in operation since 1995. They’re located close to Newark in Edison, New Jersey. They specialize in working with healthcare and service providers to get funding channels to promote growth. They also work with a variety of other industries. If you’re looking for a local factoring partner, this is one of Newark’s best options.
Milberg Factors
If you work in freight or shipping, Milberg Factors may be your best option. They have over 100 years of experience helping companies attain finance. They’re located close by in New York City. They also have expertise in factoring international invoices, this is very useful for businesses with overseas clients.
Bibby Financial Services
Bibby Financial Services has a similar reputation to Milberg Factors. They’re an international factoring organization with over 100 years of experience. They also have the capability of collecting overseas invoices. They’re a great partner for someone looking for a factoring service with over a century of experience in the industry.
Verdict
Newark, New Jersey has a host of different factoring companies that cater to the area. Large companies with overseas invoices should consider Milberg Factors or Bibby Financial Services, as they have the most in-depth capabilities to factor international invoices. Those who want a local factor are best with AGR Financial.