Factoring in Newfoundland & Labrador

Can wait up to 90 days to get paid by your clients? We are a leading factoring company and can offer flexible solutions to businesses in Newfoundland & Labrador. Our solutions are easy to obtain and can be set up quickly.

Factoring and purchase order financing can be an ideal alternative for companies that:

  • Sell products or services to other businesses
  • Can’t wait up to 90 days to get paid for their accounts receivable
  • Need capital to pay down business expenses
  • Need financing to increase sales

In Canada, factoring can provide the necessary funds to pay expenses and grow your business. And it’s an ideal alternative to conventional bank financing. Both factoring and purchase order finance are easy to obtain and can be set up in days.

Factoring rates as low as 1.5% (based on industry & volume). Get and instant quote by clicking here or call (877) 300 3258 to speak to an representative. (Toll free in Newfoundland & Labrador).

Please select a product

Invoice factoring
Invoice Factoring - Invoice factoring and discounting for Newfoundland & Labrador companies in the service, consulting and manufacturing sectors. (See also: Invoice Discounting)
Invoice factoring
Freight Factoring - Ideal for Newfoundland & Labrador transportation companies and freight brokers. Our programs help you pay for driver and fuel expenses and positions you for growth (See also: Freight bill factoring)
Invoice factoring
Staffing Agency Factoring - Staffing agency factoring is ideal for Newfoundland & Labrador temporary staffing agencies and personnel companies. We help ensure you have to funds to meet payroll
Invoice factoring
Purchase Order Financing - Financing for resellers, wholesalers and importers. Our program ensures you have the necessary financing to pay your suppliers and deliver your orders (See also: Purchase order funding)

How does invoice factoring work?

One of the biggest challenges for a business owner is having to wait up to 60 days to get paid by clients. Invoice factoring (known as invoice discounting), provides you with an advance on your accounts receivable. This supplies the necessary working capital to pay business expenses and provides a financial platform for growth.

How does purchase order funding work?

Purchase order financing provides you with capital to pay suppliers for related purchase orders. PO financing is a form of supplier financing that enables you to process large orders by ensuring that all associated supplier expenses are covered. Learn more about purchase order financing.

Benefits of working with factoring companies

Factoring is easy to obtain and usually can be set up in a week or less. Working with Factoring companies provides a number of benefits, including:

  • Fast payments on your invoices
  • Growth capital - financing that grows with your business
  • Easy qualification process
  • Quick setup process- a factoring company can get provide financing quickly

Instant quote

Factoring rates as low as 1.5% (based on industry & volume). Get and instant quote by clicking here or call (877) 300 3258 to speak to an representative. (Toll free in Newfoundland & Labrador)

Resources for Newfoundland & Labrador companies

We have an extensive knowledge base of articles on accounts receivable factoring and purchase order funding. You can get additional information by going to:

You can also learn more about our services by reading the following articles:

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