Agriculture factoring

agriculture_factoring

Agriculture/Produce Factoring

Easing your cash flow needs

USAFactoring understands that perishables are a very challenging business and also the PACA laws that govern agricultural industry. Our goal with agriculture factoring is helping farmers nationwide where traditional lending is not filling the need. Lender?s either does not understand the business or Lenders have pulled away in today's economy from agriculture business. Even with articles like: Let the lender beware: " The Perishable Agricultural Commodities Act ", is a great article to show what lenders are looking at for agriculture. Normal clients looking for alternative financing are growers, shippers, brokers and processors ranging in size from $1.5 million to $50 million in annual sales.

With so many different businesses involved in growing, packing, and delivering the fresh produce to grocery stores, commercial institutions, schools, government programs, the need for financial resources will always come when there is a cash flow need.

Understanding factoring program is very easy to understand, we purchase your outstanding receivables/invoices and assume the risks associated with them. Then provide you with the cash that you need to fund your business operations. Unlike a bank loan where it can be hard and very time consuming, factoring can be done in a very short time.

Qualifying for agriculture factoring is very simple:

Sell to credit worthy businesses - commercial accounts (no individual consumers)
Have not pledged accounts receivable as collateral.
Minimum monthly volume of $100,000 for funding.
Qualify even if principals have bad credit or over extended credit.
Be able to supply us with up to date financial statements and receivables aging report.
Agricultural factoring rates are subject to monthly volume and account debtor quality.

Cash Flow Calculator
You put in your owe numbers and you will see that invoice factoring is your answer to cash flow issues.

By using Agriculture factoring, your company can concentrate
on what you do best and ease your cash flow needs.