Factoring

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Why Businesses Factor their Invoices

Businesses factor their invoices for a number of reasons. Some of the most popular reasons for factoring are:

To speed up cash flow
As an alternative to restrictive bank financing
To eliminate the need for back-end office personnel
To reduce credit risk
To raise capital to add equipment
Because they are credit challenged
To reduce debt on their balance sheet

Why Factor with TransAm Financial Services?

Easy to understand program
No startup costs
24-hour client approvals
Invoices purchased same day on scanned copies, not originals
Competitive fees and advance rates
Dedicated account administrators
Free online credit checks
Fuel savings with TAFS Fuel Card

Call (877) 898-9797 for more information.

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Reasons to Leave your Current Factor

If your company experiences any of the below with your current factoring company, contact us at (877) 898-9797 for a free factoring comparison.

Originals required to get funded
Per invoice fees
Monthly minimums
Non-responsive support personnel
Delays in payments posting
No fuel discounts
Reluctance to advance your customers

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