Florida Factoring Company – Proudly Serving Floridians with Invoice Factoring
Accessible Cash Flow Solutions for Florida Businesses
Receivable factoring provides a flexible source of cash flow finance that automatically expands with sales growth. Factoring can unlock finance for your business for up to 90% of the value of your invoices within 24 hours of the invoices being raised. Enjoy the benefits of an age-old financial practice, an alternative to credit based financing used by the Ancient Greeks!
Work with an awarded local factor
Grow your line of credit while maintaining working capital.
Tired of dealing with a lending broker? If your business is unable to obtain bank financing but generates quality accounts receivables, invoice factoring can be an ideal temporary solution to solve your day-to-day working capital needs.Delivered promptly, professionally and most important transparently.
At Gateway Commercial Finance, your local Florida Invoice Factoring company, providing receivable factoring services to companies in the Sunshine State is our specialty!
- You will deal directly with a financial decision maker.
- Our application process is fast and easy. It’s common for us to approve deals within hours, freeing up capital for your credit and financing needs.
- We offer competitive rates and high advances for your accounts receivables.
- And most importantly, we deliver the services we promise. We listen to our clients and care about their businesses.
Factoring Florida: Quality Really Matters
The quality of the factoring service affects your company's reputation, funding accessibility and financial bottom line. Getting the proper factoring company which will work with you as a “partner” is vital for your business success and growth. If you would like to work with a factoring partner who focuses on customer service, then you should consider working with Gateway Commercial Finance.
After a factoring company buys your accounts receivable it needs to take the necessary steps to ensure the reception of payment when it’s due. This process involves contacting your customers on your behalf to verify that the product or service is satisfactorily delivered and the invoice will be paid on time. Unlike collection agencies, we take a soft approach and seek minimal interaction with account debtors.
Not every Florida factoring company is the same. We understand that the way we do our business is a reflection of yours! Your Florida factoring company will act as an extension of your business office. Our staff of relationship managers will treat all of your customers with respect. Trained to patiently talk and explain financial matters, you are assured that your relationship manager would do nothing except boost your business’ reputation.
We are a service oriented invoice factoring company serving all of Florida from Tallahassee to Jacksonville to Miami and beyond. All of our clients are paired with a Relationship Manager familiar with their industry who will be your main point of contact at Gateway. You’re not simply a number at our company. We care about our clients and the health of our portfolio. We’re not a volume buyer and each potential client and their customers are always handled with white gloves.
We work with companies and agencies of all industries including:
- Healthcare / Medical
- Staffing (payroll funding)
- Many more industries…
Given we only buy performing invoices, the level of interaction with a client’s account debtor is minimal. We understand a factor should never be the face of your transactions, but rather a helping hand. Should we identify a comment or concern, we can immediately report it to our client so they can swiftly resolve the matter with the ultimate goal of getting the receivable to pay in its normal course of business.
It’s all about immediate cash flow, service quality and transparency. As a leader in the factoring industry, we can provide the funding you need to grow your business on your terms.
Do you provide recourse or non recourse factoring?
Gateway Commercial Finance is well known as one of the best factoring companies in Florida. Large and small business owners can depend on us to be upfront about our fees, our advance rate, or any additional cost associated with our financial products. While many factoring service providers typically offer “non recourse” solutions, this usually comes with significant costs, including high premiums and mandatory credit insurance. In order to offer low fees and minimums, while maintaining transparency and avoiding murky contracts, we exclusively offer recourse factoring.
Do you offer both selective factoring and receivables funding products?
Yes, we offer both products on a case by case basis.
Do you offer account receivables financing?
No, accounts receivables financing is a financial agreement in which a factor holds receivables as assets for collateral. We just buy your account receivables, a simple approach which allows both parties more financial control over the transaction.
Is my credit score important?
While we do consider credit history while reviewing applications, it is only one of the many aspects of your application that we review. Our main priority is the creditworthiness of your customers.
Is factoring the same as lending?
No, we are not a lending company. Rather than providing a loan or lines of credit, we as factors buy your account receivables at a discount for a fee. You get immediate working capital and avoid debt without worrying about credit history.
Do you offer any online resources?
Yes. On our website we cover a large amount of useful financial information about our company and factoring in general. We’ve also provided an interactive form which collects your business information to assess your qualifications and a calculator to measure your cash flow management. As a client, you will have personal access to online reports generated by our factoring software. Through our online reports, you will receive information regarding your balance or any other information regarding your factoring transactions at no extra charge.
How quickly can I expect to receive funding for my accounts receivable?
Once your application is approved and your account is set up, you can normally expect 24 hour funding.
Why should you choose factoring?
You need money to grow, but don’t want to be at the mercy of sales cycles and unpaid loans. You need quick financing and funds to fuel your growth, but don’t have the luxury to wait a long time to improve your credit.
If you’d like to request a quote or ask any other questions about our services, please call us at 1-855-424-2955.