The factoring company that helps you to become more profitable by increasing your cash flow.
Interstate Capital saves you time and money by speeding up your cash flow and increasing your profitability. Interstate Capital has successfully funded over 5,000 growing companies since 1993 and purchases over $500 million of invoices annually from companies located throughout North America. Watch this 2-minute video to learn more now!
Interstate Capital’s factoring programs include a long list of unique features including rates starting at just 0.49% per invoice, advance rates up to 100%, same-day funding, 24/7 automatic credit approvals, fuel advances (for motor carriers), professional collections, and much more.
Set-up is always fast and easy. There is no application fee and most companies will qualify for an instant online proposal in under 2 minutes just by completing the form on the left. If you like what you see in your proposal, just click on the application link in your proposal and you’re on your way to fast funding.
Unauthorized filing of UCC-3 Terminations
BAII, (described as "factoring company" herein) is a bank involved in financing buy/sell agreements of petroleum products, including taking an assignment of the accounts receivable, is involved in a law suit involving the predecessor to Enron Corp.
Many business owners ask why banks are unwilling to lend to companies that have good-quality accounts receivable, but that lack other collateral, such as real estate, equipment and inventory. Historically, banks were not the places to go if you wanted to borrow against the value of accounts receivable, particularly if you had no additional collateral.
When fully explained and understood, non-recourse factoring can be an extraordinarily beneficial tool-- the key words being "fully explained and understood." Non-recourse factoring costs more than recourse factoring, which leads clients to believe that more expense will equate to better protection. The problem is that many clients simply don't understand exactly what they're getting.