Types of Financing
Detroit Factors provides a wide variety of financing options designed to help businesses meet cash flow and business credit needs, including purchase order financing. A smart choice for stimulating business growth and improving cash flow, purchase order financing is initiated as a sales order or written purchase from your clients or customers. We then supply funding or letters of credit that aid your company in attaining the goods or inventory necessary to complete pending orders. Purchase order financing services from Detroit Factors can fund sales transactions up to 100% of capital requirements, which can successfully free up your company's cash flow and jump start business growth. Inquire about purchase order financing from Detroit Factors now.
A leading financing option from Detroit Factors, our equipment leasing program allows small and mid-market businesses dealing with budget obstacles to lease top-of-the-line work equipment. Our equipment leasing opportunities are available to companies in a wide selection of business industries, including construction, restaurants, retail and dental or medical offices. Detroit Factors's equipment leasing allows companies to use the best industry equipment available to boost business growth, while still leaving credit lines open and cash flow free. Complete an application for more information about equipment leasing today.
Detroit Factors's installment contract financing / consumer receivables financing options are ideal for businesses that sell large ticket items or services through installment contracts, such as furniture, appliances or electronics. Our consumer receivables / installment contract financing enables your business to receive immediate imbursement on installment contracts, and offers your company the opportunity to provide installment plans to a larger customer base. Get more information about installment contract financing / consumer receivables financing today.
With a commercial finance bridge loan from Detroit Factors, your company can obtain immediate financing for business needs while you seek more permanent financing. The commercial finance bridge loans from Detroit Factors are designed to close the gap between the need for instant financing and finalizing more permanent, long term funding. Detroit Factors's commercial finance bridge loans are one of the fastest solutions for transactions where time is an issue, such as auctions, public offerings, or vital repair work. Let us create a bridge loan package to meet your financing requirements today.
