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Bankers Factoring

an Employee-Owned Accounts Receivable Factoring Company

Employee-Owned A/R Factoring Company

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Bankers Factoring

Home Food & Beverage Factoring

Food Industry & Beverage Factoring

Factoring & PO Funding for the Food & Beverage Industry

A/R & Purchase Order Financing for Foodstuff & Drink Wholesalers

Factoring & PO Funding for Food & Beverage
Food Industry Factoring & Food Import Financing

PO Funding plus Factoring for Food Importers

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FACTORING: A FINANCE SOLUTION FOR YOUR FOOD AND BEVERAGE COMPANY

Supply chain issues, inflation, trouble getting workers, rising operating expenses and costs, and now large companies take 60-90 days to pay your company? Distribution companies and food importers are fighting a tough battle against cash flow issues and squeezed profit margins. Bankers Factoring services can help fund your food manufacturer’s business growth by turning outstanding invoices into same-day working capital.

If you had more working capital, you could compete with your deep-pocketed competitors in the food and beverage space. Bankers Factoring is ready to help with non-recourse invoice factoring and purchase order funding.

Food and beverage companies are familiar with cash flow problems. Waiting for payments on invoices is a common issue for distributors, caterers, manufacturers, and jobbers. Add the problem of longer payment terms that can take 60-90 days and the demand for suppliers, payroll, and overhead. As a result, a food and beverage business can buckle under pressure without the help of invoice factoring and PO funding.

Factoring & PO Funding for the Food & Beverage Industry

As a business owner in the food and beverage industry, you struggle to maintain cash flow. Partly because most small businesses in this sector must offer credit terms to large customers to attract their business, this results in unstable cash flow and insufficient working capital. How can you grow your business if you wait up to 90 days for payments killing your cash flow?

We provide financing solutions to food manufacturing companies and have a special funding niche in wine and spirits.

What you need are invoice factoring and PO funding. Invoice factoring allows your business to obtain the cash value of your unpaid invoices that you can use immediately. And you can use the ready cash to scale up or meet the demands of your food & beverage company. This financing solution also significantly shortens the payment cycle. Plus, you can keep up with your well-funded competitors and be ready for any unexpected situations in your business. As a food & Beverage factoring company, Bankers Factoring can also provide PO funding if you need the cash to buy the finished goods before shipment to your B2B or B2G customers.

A Purchase Order Financing Company for the Food & Beverage Industry

The main difference between accounts receivable financing and purchase order funding is that you can use them during the process. You use invoice factoring services after your business sells and delivers the goods services. And you use PO financing, available only to businesses that sell physical goods, before you can generate a factorable invoice for Bankers Factoring.

To qualify for PO financing:

  • Sell to B2B or B2G Customers
  • Your minimum gross profit must be at least 20%
  • Have experience with similar products and comparable clients
  • Transactions per month of no less than $50,000
  • Provide qualified purchase orders or letters of credit from your customers
  • Import financing is available with invoice factoring
  • Buy from a reputable food manufacturing company

Expand your business with invoice financing and PO funding with a Foodstuff factoring company with decades of experience and a long-term dedication to the food & beverage industry. Bankers Factoring has the business financing options you need without the hassle of a traditional business loan to fix your cash flow problems.

Ready for the owner-employees of Bankers Factoring to fund your entrepreneurial dreams? Call 866-598-4295 or go to Bankers-Factoring-Application.

(866) 598-4295

Get Fast Working Capital through Invoice Factoring

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