Top Cargo Invoice Factoring Businesses
Fast Facts
- McDowell Factor & Capital Services provides a quick and efficient service, with representatives responding to pre-qualification applications within a day and funding being available in as little as 24 hours.
- The firm offers an express application process that can be completed in just two minutes, streamlining the funding process for businesses.
- McDowell Factor & Capital Services employs factoring, a financial strategy that dates back to the 1400s, to help businesses manage their cash flow. This method allows businesses to obtain 80% to 90% of their outstanding accounts receivable in a short time frame, sometimes within a day.
- Businesses across all industries, from startups to Fortune 500 corporations, can benefit from the services offered by McDowell Factor & Capital Services, demonstrating the firm's versatility and broad appeal.
In-depth review of McDowell Factor & Capital Services
McDowell Factor & Capital Services, LLC is an exceptional company that provides a broad spectrum of inventive solutions for transportation and manufacturing businesses. As a family-owned and operated company, they add a personal touch to their services, aiming to simplify and grow your business with their superior factoring solutions. With McDowell Factor & Capital Services, LLC, you can anticipate top-notch service.
A key aspect of McDowell Factor & Capital Services is their transportation factoring services. They understand the difficulties trucking companies face in securing working capital financing, and they offer a streamlined solution. By providing invoice factoring, they enable businesses to obtain cash from their accounts receivable within 24 hours, removing the need to wait for extended payment deadlines. This not only enhances cash flow but also ensures that businesses can continue to function smoothly without cash flow problems.
Furthermore, McDowell Factor & Capital Services extends their services by offering additional perks to their clients. They offer free credit checks on brokers and shippers, enabling businesses to make knowledgeable decisions before entering into agreements. They also provide a free fuel card with nationwide discounts, assisting businesses in saving on fuel costs. The ability to use a smartphone to send images of documents for generating invoices is another unique feature they offer.
For manufacturing businesses, McDowell Factor & Capital Services provides manufacturing solutions through invoice factoring. They understand the difficulties faced by the manufacturing, wholesale, and distribution industries, such as extended invoice payment times and limited financing options. Factoring offers a method to enhance cash flow without incurring additional debt. With their services, businesses can obtain cash quickly, typically 80% to 90% of the total amount, and the remaining balance is paid upon completion of the invoice payment.
Clients of McDowell Factor & Capital Services value the personalized attention and support they receive. The company understands the unique financial needs of each client and customizes their services accordingly. McDowell Factor is highly endorsed by clients who view them as a transformative force for their companies.
In summary, McDowell Factor & Capital Services, LLC is a dependable and efficient factoring company that provides transportation factoring and manufacturing solutions. Their dedication to delivering excellent service and innovative solutions distinguishes them in the industry. Whether you are a transportation or manufacturing business, McDowell Factor & Capital Services can assist you in maintaining a steady cash flow and supporting your business growth. With their personalized attention and range of benefits, they are a reliable partner for businesses seeking to simplify their financial operations.
Products and Services
- Transportation Factoring Services: McDowell Factor & Capital Services offers a unique solution for trucking companies to secure working capital financing. They provide invoice factoring, enabling businesses to obtain cash from their accounts receivable within 24 hours, improving cash flow and helping businesses operate smoothly.
- Free Credit Checks: The company extends its services by offering free credit checks on brokers and shippers. This service helps businesses make informed decisions before entering into agreements, reducing the risk of financial loss.
- Free Fuel Card: McDowell Factor & Capital Services offers a free fuel card with nationwide discounts to its clients. This service helps businesses save on fuel costs, reducing their operating expenses.
- Manufacturing Solutions: The company provides manufacturing solutions through invoice factoring for manufacturing, wholesale, and distribution industries. They help these businesses enhance their cash flow without incurring additional debt, allowing them to obtain cash quickly, typically 80% to 90% of the total invoice amount.
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