A/R Financing – Financial Services

Factoring technology for the Financial Industry

Deal Summary

Product: Factoring Line
Funding Line Amount: $400,000
Company Type: Technology
Industry Type: Financial Services
Location: US

This Florida based company provides prepaid card programs for large financial institutions around the world.  It processes over 6 million transactions per month.

Challenge

The company is on an accelerated growth path which requires increasing amounts of working capital.

Solution

The company’s major customers have excellent payment histories and very low dilution. ExpoCredit was able to approve a factoring line for the company, which will help it continue to grow without financial constraints.

 

Case Studies

A/R Financing – Oil & Gas

ExpoCredit helped this company increase payment terms to its primary customer.

A/R Financing – Seafood

ExpoCredit is helping this company with the working capital needed to manage seasonality

A/R Financing – Seafood Industry

ExpoCredit helped this seafood business to expand their business by offering longer payment terms.

Ready to Grow?

  • This field is for validation purposes and should be left unchanged.

Translate »