BridgingFactor Inc.

BridgingFactor Inc.

  • 949 Wilson Avenue
  • Toronto, Ontario
  • M3K 1G2
  • Phone: (416) 889-3173
  • Fax: (416) 644-3003
  • Website

Description

It’s about freedom. Freedom to not only have steady cash flow, but to make the right decisions for your business. You choose which invoices, and based on your cash flow, how much you need to factor. Unlike so many others, we don’t just say we provide premier service, we stand behind our word. If you don’t think so, you have the freedom to make a change at any time, without incurring early termination or other nuisance fees. We’re here to earn your business every day.

When credit terms are extended to your customers, YOU are financing their business. No interest is earned, and cash flow becomes stagnant while you wait for your customers to pay. What is the opportunity cost? BridgingFactor can provide a flexible facility to provide immediate cash for operating expenses, growth and more.

Our discount rates tend to vary, depending on the nature of your business and your customer profile. Our discount rates are generally structured as a percentage of the invoice amount, payable for the period between the dates of our advance to you and your customer's payment to BRIDGINGFACTOR. As part of our straightforward approach, there are NEVER any additional service charges or hidden costs associated with any of our programs. Please contact us to obtain a discount rate applicable to your business.

Your business is running smoothly and you have a steady base of creditworthy customers. Suddenly, the demand for your product(s) increases through more and/or larger orders. You request an increase in your Line of Credit, but your bank is unable to accommodate you now. What can you do? Purchase Order Financing may be your solution! BridgingFactor's programs provide funds for finished goods, based upon valid purchase orders from your creditworthy customers.

In these circumstances, we will ask you to replace or repurchase the invoice. Although we check your customer's credit, and share our opinion with you, we do not guarantee their creditworthiness. However, we will assist you with placing the account on collection and/or reporting the non-payment to various public credit bureaus, which will impact your customer's credit rating. Non-recourse programs may be available. Please contact us for complete details.

Products & services

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