BuyerZone users' invoice factoring service requirements

We ask users of our quote request service to describe their invoice factoring service purchasing requirements in detail so the vendors we match them to can provide customized information in response. Now we're sharing these buyer requirements with you.

We hope these user comments help you get a sense of what types of invoice factoring services other users are choosing and what considerations are important to the average buyer. Take a look and you'll probably see some responses that are relevant to your business.

BuyerZone user comments: invoice factoring service purchasing requirements

"Factoring for management firms that our company provide security for."
-- Office Manager, Other Business Services, Chicago, IL

"This Ambulance Service could make a go at in the this small town so I moving the to a biger town this well just a start up company."
-- Buyer, Health Care, Conroe, TX

"We are a new start up staffing company for the apartment industry. I have been doing this business for 7 years."
-- CEO/President/Owner, Other Business Services, North Richland Hills, TX

"Company is located in Canada. Average machine sells for $100,000. Our buyers are automotive industry assembly plants located throughout Ontario and the United States."
-- Consultant, Equipment Sales & Service, East Rochester, NY

"We need about 30K fairly soon and would like to cotinue with a company that can help us grow to meet the demand for our services."
-- CFO, Health Care, Shawnee Mission, KS

"Getting a $12 Billion USD contract from US Govt. Need a min. of $250 million to get the product insured."
-- Partner/Principal, Financial Services, Northbrook, IL

"Magazine publisher and event planner for major universities we sell ad space for $400-600 per client for monthly revenues of $20,000 would like a company that can assist with accounts receivables. How my company can keep its integrity when invoices are verified with client? Who are checks made out to?? Our clients range from major chain shops, hotels to mom and pop hair salons, auto repair. Please let us know if you can help."
-- Partner/Principal, Advertising/Marketing/PR, Atlanta, GA

"Interested in factoring purchase orders that are in excess of $20,000."
-- Partner/Principal, Manufacturing, Santa Ana, CA

"Okay, I think I am doing this right on here, but again, my associate has contract contracts, paying out just about a million a month, we need $3Mill to start another contract in the construction arena."
-- Buyer, Financial Services, Minneapolis, MN

"I have an invoice for a client Cardinal Health $15,000.00 I need to get immiediate payment on."
-- CEO/President/Owner, Consulting, Irvine, CA

"I want to expand my business to make more money."
-- General Manager, Retail, Hendersonville, TN

"Please send me your direct email address for more information as to what we are looking for. Thank you."
-- Buyer, Financial Services, Dallas, TX

"I am looking for a non recourse factoring with the best possible advance rates possible and the best percentage return.please advise."
-- CFO, Transportation/Logistics, Doral, FL

"I look forward to a price quote and the specifications required."
-- CEO/President/Owner, Wholesale, East Elmhurst, NY

"This are contract that Comcast purchase as we sign up existing customer for an upgrade. (99% of all cable customer in the greater seattle market have a cable account with comcast, what we do is bundle all other services like phone from competitor (verizon, or Quest) we port that Number to Comcast they pay $70 each porting, $30 for the Internet, and $80 if we switch them from dish to cable."
-- Sales/Business Development, Telecom/Utilities, Lynnwood, WA

"We will be factoring material invoices with a 50% 30 day net invoice and a 50% 60 day net invoice. Our Invoices will be approx 150,000 with a 66% net proceed. Monthly invoices from each account following."
-- CEO/President/Owner, Manufacturing, Spokane, WA

"We have many new and large orders. Business is great but we have cash flow issues. Financing materials for new orders is becoming more difficult."
-- General Manager, Manufacturing, Stewartsville, NJ

"Our usual production time in the good rendered is 15-20 business days we are looking to factor customers initial purchase order so that we can prepay vendors without tying up our cash reserves. Customers are currently billed 40% deposit and balance due out 2 weeks prior to order completion and expected to pay within those 10 business days. They do not receive goods until the invoice balance has been paid."
-- CEO/President/Owner, Wholesale, Philadelphia, PA

"New start up company. I have seven years experience in this field. I have clients ready to dtart working with me."
-- CEO/President/Owner, Other Business Services, North Richland Hills, TX

"I am looking for a company that will not try to manage my clients for me. Just factor my invoices. I do my own collections, an I get the invoices paid in under 30 days."
-- CEO/President/Owner, Other Business Services, Orange Park, FL

"I have a new big job that I want to factor. My current factoring company seems to small to handle this and I want someone who can service me better. We are growing and stand to make a lot of money on this job so I need someone to help."
-- CEO/President/Owner, Manufacturing, Minneapolis, MN

"I will need invoice brought from the grocery and snack food distribtors."
-- Buyer, Other Business Services, Bonney Lake, WA

"Currently we have some outstanding invoicesthe company wants to discount immediately forcash-flow purpose.A/R aging 1-30 - 526,102A/R aging 61-90 - 386,179"
-- Consultant, Equipment Sales & Service, Atlanta, GA

"We are looking for purchase order factoring as well as possibly accounts receivable factoring."
-- Buyer, Financial Services, Worcester, MA

"This is a start-up business and we would like to factor our invoices until we have the cash flow to support the payroll. We will be using a combination of factoring and a line of credit from our bank to do this."
-- CEO/President/Owner, Other Business Services, Cary, NC

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