Why Factor - Factoring Costs - Get the Facts - Factoring vs. Banking

When you extend credit to your customer by offering payment terms, you become their BANKER! In effect, you loan your customer money for 30 days or more, INTEREST FREE, and lose the use of that money while waiting to be paid.

EXTENDING CREDIT impacts your company in three major ways:

1. You lose the ability to earn interest on the money you are effectively loaning to your customers.
   
   
2. You can't take advantage of purchase discounts from your vendors when funds are not available.
   
   
3. You lack the capital to produce new, or larger jobs.

OCC offers both a fixed rate and variable rate program. Full advance, no reserve programs are available. Fees will vary depending on industry conditions, the credit strength of your customers and their payment history.

Orange Commercial Credit recognizes expenses must be kept to a minimum in every organization. However, it is interesting to note most businesses that utilize Factoring find their revenues increase considerably more than the cost of the factoring service. You have a ready source of predictable cash when you need it the most and all the benefits of a well-trained staff without the overhead.

Our cash funding will help to ensure you never lose business to a competitor who is better financed. Why not make the investment today and turn your invoices into immediate cash?