Factors can be more creative than traditional, regulated bank lenders in finding ways to make a difficult funding work. Factors may also be able to offer better advance rates on factored accounts than the client’s existing bank. This may be because the bank: is less familiar with a client’s industry; adverse to risk; treats more accounts as ineligible; and requires greater reserves in calculating the bank’s borrowing base and lending limits. 

If your bank isn’t getting to the advance rate you need, come talk to us. www.factors-southwest.com