Receivable Financing/Factoring

Accounts receivable factoring is a method of receiving up front cash by selling a company's accounts receivable from credit worthy customers for a fee. Typically, the accounts receivable are then paid directly by the customer to the financing source. Non-payment of a receivable usually results in recourse to the borrower after 90 days. This type of financing may be available using purchase orders in addition to accounts receivable.  

Receivable Financing/Factoring Resources

The sources of capital financing, the names of the individual businesses listed and any external links provided on this web site ("Resources") are for general resource information and navigation purposes only.  The Economic Development Corporation of Sarasota County does not in any way endorse or recommend any of these Resources, and makes no guarantee as to the accuracy of information or quality of the services provided by any of the Resources.  It is strongly recommended that the User conduct a thorough investigation before entering any business relationship.