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
"Primarily interested in purchase order financing.A+ customers, direct L/C sourcing from China."
--
Partner/Principal, Wholesale, Marlton, NJ
"We may ask help with collections. We are also interested in offering financing to our clients for larger purchases."
--
CEO/President/Owner, Information Services, Louisville, CO
"I really only have short term needs for one project, is this an alternative?"
--
CEO/President/Owner, Manufacturing, Longview, TX
"ALso need internatuional (export) insurance and L/C & P/O financing."
--
Accounting/Finance, Manufacturing, New York, NY
"I am looking for options to factor CJA claims, which are paid by the U.S. Courts system, but which can take as much as almost four months to be paid."
--
Attorney, Legal, Los Angeles, CA
"We perform excavation and some demolition services for new construction sites."
--
CEO/President/Owner, Construction/General Contracting, Iuka, MS
"More Info:(1)In biz since 1981.(2)2003, reformed biz for Int'l sales. (3)Have Mfgr. Rep office in Romania. (4)Now have several Importer Contracts in place who services 300+ Distributors to sell our products nationwide. (4)Notarize & Apostille contracts includes high sales quotas. (5)Contracts granted only to investigated accounts reporting approved credit & bank verifications.===== Importers are stongly requesting net terms. We can build more accounts if we can accommodate."
--
CEO/President/Owner, Agriculture, Las Vegas, NV
"I am a consultant working with a client in the business of fire and water damage restoration. Invoices are to insurance companies. There is also work in progress (WIP) at any given time for which a funding source would be helpful."
--
CEO/President/Owner, Consulting, Tarzana, CA
"New Business Providing ELITE Travel Nurses that are specially certified in the areas to which they are contracted."
--
CEO/President/Owner, Health Care, Douglasville, GA
"We aquired a business that has been established since 1972."
--
CEO/President/Owner, Media/Entertainment/Publishing, Woodstock, GA
"I have invoices about every 2-3 days, anywhere from $800- $2500..."
--
CEO/President/Owner, Transportation/Logistics, East Taunton, MA
"I am looking for a international company that can help me factor my accounts receivable at a high advanced rate."
--
Attorney, Telecom/Utilities, South Lyon, MI
"We are a new start up business that will be billing (Medicaid) on a weekly basis."
--
Partner/Principal, Health Care, Richmond, VA
"We have new products that large Companies want in a hurry. Mostly all new Customers."
--
CEO/President/Owner, Manufacturing, Baltimore, MD
"Also have a trucking co. that I use factoring for."
--
Buyer, Other Business Services, Duncan Falls, OH
"I'm also interrested in a line of credit to purchase more equipment every week I turn jobs away due to lack of equipment and working capital."
--
CEO/President/Owner, Construction/General Contracting, Florence, TX
"We are looking for a factoring partner who is familiar with the technology industry. We are a small company currently negotiating with a larger, NASDAQ quoted reseller who wishes to sell our product line to business customer end users. Only invoices to this larger reseller will be factored."
--
CEO/President/Owner, Computers - Hardware, Bellingham, WA
"This is real estate commission due me from sales of condominium units in a building that now is under construction in Chicago.All sales have earnest money deposits and the sales contracts are solid."
--
Sales/Business Development, Real Estate, Largo, FL
"I finance cars and trucks for retail buyers. I have about 125 cars on the books that total around 500k. They are spread over 42 mos. I would like to use the colat. of the loans and rec. to pruchase more inventory to see and finance. I want to own the loans so I am not interested in selling them. I could just use an advance against them to build more."
--
CEO/President/Owner, Retail, Searcy, AR
"Would need to liquidate government and government contractors invoices from time to time to enable to pay bills and increase our inventory."
--
General Manager, Other Business Services, Sanford, FL
"I would not like to have a minimum monthly requirement or long term contract.I do not wish to give personal credit information on either owners."
--
CEO/President/Owner, Construction/General Contracting, Houston, TX
"I really dont know if we even fit into these services my biggest account his held by a title service is there anyone that relly works with these type of accounts."
--
CFO, Real Estate, Cleveland, OH
"Do you have to have the original BOL documents to submit payment?"
--
Office Manager, Transportation/Logistics, Lancaster, MO
"Looking at factoring bigger jobs which could be as much as $100,000 per contract."
--
CEO/President/Owner, Equipment Sales & Service, Loveland, CO
"I provide two way radio equipment and services to County Goverments, I ahve purchase orders for 2 orders that I need to fund. Total for bothe purchase are $15488.00 I only need $5000.00 to fullfill these two jobs. This company is has grown from a part time to this and I am trying to keep up with the growth. This is a big step and need the help. Can you provide me with the help?"
--
CEO/President/Owner, Telecom/Utilities, Greenwood, MS
See More:
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
16