Only a handful of receivable factoring companies can say that. Even fewer can say a majority of their new receivable factoring business comes from client referrals. Our clients are happy! We give you much more than just funding. We also give you back your time.
We know that more and more these days your customers are stretching payments, some because they can, others because they are struggling. But you also have bills to pay. So instead of focusing on other crucial aspects of your Laredo company. You're stuck chasing down your customers. We know that’s very unpleasant. Not only for you, but also for your customers.
We Are Your Solution
Our receivable factoring company programs and services for Laredo companies will get you the cash you need and provide relief to your customers too. You don’t have to be the banker for your customers.
We also help you identify good risk from bad. No more buying expensive credit reports or trying to figure out how to read them. Our credit and collections managers are seasoned experts.
Receivable factoring companies especially live and die by their credit and collections decisions. Our factoring veterans know what exactly to look for in helping you make the right credit decision for your Laredo company.
We can lift that heavy burden of credit control off your back for invoices you decide to factor, saving you big time and money.
You will no longer need to make those uncomfortable and awkward collection calls. Would you rather spend your time calling your customers getting to know them better? Our team is very experienced and professional when it comes to placing follow up collection calls in your behalf. We bring any important matters to your attention. This allows you to focus on what you do best.
You can be confident about accepting terms with your customers because you won’t need to wait for payment from them. We will handle the aspects of credit control, including checking your customers’ credit, collecting outstanding amounts, and providing you with detailed online reports for your factored invoices.
It can cost you a lot of expense and time to handle these things yourself, and when you work with us, these back-office services are included in your factoring fee.
Boost Sales For Your Laredo Company
Have you ever turned down or avoided a new sales opportunity because of a customer’s payment terms? If your answer is yes then our receivable factoring programs definitely can help you land that customer.
Using our receivable factoring company services, as soon as your goods are delivered or services performed, you can count on funding for those larger companies with slow payment terms.
With our receivable factoring company services, you can now confidently ask your customers for more business. Knowing you have a source of reliable cash flow, you may never have to turn away a good new sale.
Before you decide if we are the right receivable factoring company for you, let us tell you a little about us and how we stand above the other factoring companies.
Over 40 Years in the Receivable Factoring BusinessWe have been in the invoice factoring business for over 40 years, are independently held, and have a proven track record of being FINANCIALLY SOLID. We have survived many of the economy's roller coaster rides and in having done so, can lend you a helping hand in hard times. Rest assured we will be here for you when times get tough.
Happy Receivable Factoring ClientsMore than half of our new receivable factoring business comes from current customer referrals. We have a long list of happy receivable factoring clients, our average client has been with us over 4 years, which is unique in the receivable factoring industry. Compared with the other receivable factoring companies, we have the highest factoring advance rates. Also we have no factoring minimums and transparent factoring fees.
We Care About Your Laredo CompanyWe have your company's best interests and success in mind. Other receivable factoring companies may not be in it for the long haul and every step of your company's journey. For example, some receivable factoring companies will continue to purchase your invoices because they don’t have the ability to see trouble ahead. You could end up buying back invoices from customers who could have been avoided in the first place.
We operate differently than the others. Our purpose is to build a strong relationship with you and protect your company against risky customers, keeping your Laredo business profitable.
We have credit experts and current payment data to spot early payment trends to help protect your company from taking losses on customers who may be heading into bankruptcy. Other receivable factoring companies may not monitor these situations as carefully to protect you.
“OCC helped me a great deal in getting started with my company. I was not sure exactly what to do or what to expect with a factoring company. Initially I had considered a few factoring choices and Tina my sales rep always answered every question in a timely manner. As a business owner it is imperative to have open communication and OCC is top notch in handling all my needs. I highly recommend this factoring company because of their professionalism and their dependability. I have referred clients to OCC because of this.”
How Receivable Factoring Works
So how does our receivable factoring company program work? Unlike a bank we focus on the strength of your customer's credit and their ability to pay their bills, not yours. We charge a small fee for our receivable factoring service, but there’s no debt and no interest. The factoring process is online and designed to be as easy as possible so that your business can thrive.
Once you are setup for factoring you get funded in 3 easy steps. First, you deliver your order/service to your customer. Next, you send us your invoice and supporting paperwork. Upon verification your invoice proceeds are sent to you, typically within 24 hours for returning customers. We’ll send your invoice to your customer as well as collect the payment from your customer.
We also provide you with free back-office support and manage your collections on invoices that you factored for your Laredo company. Your company gets online access to lookup your customer's payments. You know the status of every invoice at the click of a mouse. That’s it!
Additional Features of our Receivable Factoring Program Include:SO, CAN YOUR LAREDO COMPANY BENEFIT FROM RECEIVABLE FACTORING WITH US?
Of Course! From small privately-owned companies to large corporations, businesses of all sizes rely on Orange Commercial Credit receivable factoring programs to boost their bottom lines by increasing cash flow and streamlining accounts receivable processes. OCC works with companies in most industries, including those in trucking, transportation, manufacturing and distribution, textiles, oil and gas, staffing and more.
Unlike a bank loan, receivable factoring has…
Administrative services | Advertisers | Aerospace | Business services and consulting | Call centers | Commercial food service | Farming | Government suppliers | Information Technology | Janitorial and cleaning | Logistics | Manufacturers | Security and investigative services | Staffing | Telecom | Textiles | Trucking and freight companies | Wholesalers | And Many More... |