Factoring Top 10
Fast and easy process — Start factoring services with Illinois Factors by completing our quick three minute application. Apply now and we will let you know if you are approved within 24 hours.
Receive cash for your invoices in one day or less — Don't wait days, weeks, months or even longer to be paid for your invoices. Increase your cash flow and encourage business growth by factoring your invoices with Illinois Factors in one business day or less.
Increase your capital without a business loan. With accounts receivable factoring from Illinois Factors there is nothing to pay back, no interest, no closing costs and no long-term commitments. Up to 96% of the face amount of your invoices will be advanced to you in cash, then we collect on the invoice.
Increase advertising and marketing for your business — Using the increased cash flow from factoring with Illinois Factors, you can increase the advertising and marketing of your business, and benefit from more revenue for expansion or growth.
Benefit from consistent weekly cash flow. Factoring provides you with more working capital for better planning, growth and emergency funds. You always have a place to get immediate cash from your outstanding accounts receivable and invoices with Illinois Factors.
Reduce the stress involved with a lack of cash. Invoice factoring from Illinois Factors offers a low-cost financial tool to ease cash flow pressure caused by slow paying customers and takes stress off your company.
Cut collection costs — Save your employees' time for growing your business and helping customers. There's no need to take on a collection manager with Illinois Factors; we factor your invoices and take care of collections.
Gain the flexibility to offer better terms to customers — With factoring, you benefit from better cash flow and the flexibility to offer better terms to your customers, thereby growing your business and expanding your customer base.
Funding is based on the financial strength of your customers, and not your personal FICO score and/or business credit score. Even companies in challenged financial conditions, that may be ineligible for traditional bank financing, can use factoring services from Illinois Factors to solve their cash flow problems.
Stop collecting invoices and concentrate on running your business — Spend more of your time doing what you do best - running your company - and leave collecting the invoices to us. You receive cash for factoring your accounts receivable quickly and easily, and we take on all of the risk of collecting the invoices.
