Recourse Factoring

Discount Factoring / Recourse Factoring

Discount factoring, also known as recourse factoring, offers businesses a flexible and immediate cash flow solution to fuel growth, restructure operations, take advantage of supplier discounts, or cover essential expenses like payroll. Many businesses face cash flow challenges due to seasonal demands, rapid growth, or unexpected needs. Discount factoring is a cost-effective and widely accepted form of financing, utilized by many well-known companies.

Compared to traditional factoring, discount factoring is less expensive and less restrictive. It allows you to access cash without giving up equity in your company and provides daily or weekly access to your eligible funds based on your needs. Additionally, it can scale up or down according to the size of your business. Beyond funding, discount factoring also offers administrative support to help you manage receivables efficiently without the need for additional staff.

How Discount Factoring Works

As an experienced discount factoring partner, Crestmont Capital helps businesses meet their working capital needs with a straightforward process:

1. Establish the Agreement:
   Our partnership begins with a customized agreement that outlines the terms of your discount factoring arrangement. It’s best to connect with us before invoicing to ensure everything is in place for a seamless process.

2. Submit Invoices:
   Once the agreement is finalized, send your invoice(s) to your customers and provide us with a copy (or allow us to handle invoicing directly if you prefer a full-service solution).

3. Access Immediate Funds:
   Receive up to 90% of the eligible invoice value upfront. The remaining balance, minus a small administrative fee, is released to you once the customer pays.

Key Benefits of Discount Factoring

• Immediate Cash Flow: Access funds quickly to support operations, manage growth, or seize new opportunities.
• Cost-Effective Financing: A less expensive alternative to traditional factoring and more flexible than equity financing.
• Scalable to Your Needs: Adjust your funding as your business grows or changes.
• Administrative Efficiency: Streamline your accounts receivable process with support from our experienced staff, reducing the need for additional internal resources.
• Enhanced Customer Communication: Our process increases communication with customers, leading to faster resolution of issues like lost or damaged orders.

Why Choose Crestmont Capital?

At Crestmont Capital, we prioritize building lasting partnerships to meet your business’s unique funding needs. Our Business Development Officers and financing specialists will work closely with you to craft a solution tailored to your specific cash flow and working capital requirements.

Whether you’re looking for a steady stream of capital, administrative support, or the ability to scale financing as your business evolves, discount factoring with Crestmont Capital provides the resources and flexibility you need to succeed.