Factoring is a word often misused synonymously with accounts receivable financing. Factoring is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) at a discount. Factoring differs from a bank loan in three main ways. First, the emphasis is on the value of the receivables, not the firm’s credit worthiness. Secondly, factoring is not a loan– it is the purchase of an asset (the receivable). Finally, a bank loan involves two parties whereas factoring involves three.

If your business fits this model then we can help. Allow TMMF to obtain the capital you need off of your AG report. Aging reports or money on the street can be a valuable asset to you. We can finance a percentage of your receivables and get you the money you need now instead of waiting for your customers to pay!

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