My Factoring Network

My Factoring Network, founded in 2012 is a top factoring company, matches businesses that require factoring services for their cash flow needs and factors/lenders that want to provide those services. Our services provide an opportunity to businesses in finding the right factor and factors are able to find the customers that they are looking for. My Factoring Network also provides factoring services for established business.

My Factoring Network aims at connecting business to capital resource through online factoring finance. They help businesses and lenders in finding the perfect match which helps business in eliminating cash flow problems by avoiding debt. Manufacturing companies, distribution services, retailers, trucking industry, and many others use accounts receivable loans to get rid of cash flow crunch. Benefits of factoring include a simplified application and approval process, less paperwork, quick approval, the fact that business factoring often provides more cash loans than what the bank can provide and also that factors check your customer’s credit worthiness and not your credit score before approving the loan application for your business’s cash flow needs.

Any business, which is finding it hard to secure loans should consider contacting a factor. A typical business that works with factors and manages to secure an accounts receivable loan has $5 million or more in annual sales and around $25,000 to $1,000,000 in accounts, which is receivable every 30 days. On the flipside, there are factors, who specialize in providing factoring loans to companies with only $5,000 to $10,000 in monthly invoices.

We are here to help you find the lender you need. With over 100 lenders looking to loan money to businesses like yours, we are confident we can find a match for you.