Factoring

 

Asset manager

mergers & acquisitions

 The Asset Executive manages the highest level of our financial managers. This office is responsible for the all of the accurate financial reporting for the project.

Finance manager

portfolio solutions

The Finance Executive establishes credit standards for the project. This includes deciding who the company will issue the credit to, developing the project’s credit rating criteria, determining the maximum amount of credit a given individual or company may receive and deciding the method by which the company will handle collections.

project manager
FACTORING solutions

The Project Manager manages the factoring for a project budget and makes adjustments to the budget as needed. The manager is also in charge of matters such as the deployment of funds. If a company expands or merges with another company, a project manager will closely interact with a portfolio, asset or a finance officer to coordinate the expansion or merger.

 

 

Our Administrative Office: Las Vegas, Nevada

We provide Factoring and Funding, Project Capital, and Asset Leases. Our Capital helps registered businesses in places where our people live and work.

We are affiliated with Realtors, Builders, Management Companies, Vendors and Dealers, Manufacturers, Distributors throughout North America.

At BFS we have set goals with a few visionary people, and over the past few years, we have grown into a team of experienced professionals. We understand entrepreneurs and we are able to make common sense credit decisions.

Market Situations & Opportunities

In today’s extremely volatile financial markets, the search for capital has never been more intense.

Our Factoring, Funding, and Financing Program are designed for a company that needs factoring and other types of financing and funding. 

A business needs access to many types of funding which helps business get the types of assets that can be obtained by using our proprietary Flexible Payment Plan.

INVOICE FACTORING

Invoice Factoring and How It Works

Invoice Factoring is used to finance businesses with short-term cash flow issues, especially when your business doesn’t qualify for a traditional bank loan or any other alternative solution.

BFS will factor your business’ customers’ invoices to match your working capital needs.

The amount of funding your business may receive is dependent upon the creditworthiness of your customers, volume in sales, the size of your invoices, and turnover time.

This funding solution is a great way to solve short-term cash flow problems by providing your business with the funds it needs based on work your business has completed and has billed customers.

Funding can occur in as little as 48 hours, and since this funding solution is an advance on payments your business is owed, not a loan, you will not see any debt.

What’s Needed To Qualify for Invoice Factoring?

Must invoice business or government customers who have good credit scores and established businesses.

Typically, no startups fit into this category of funding. Funding is dependent upon the creditworthiness of your business’ customers.

Invoices must be unencumbered by other loans and due and payable within 90 days

No history of legal or tax issues

Here is a list of  Industries that this type of Funding Solutions fits  Perfectly:

Construction

Logistics

IT and Software Development

Manufacturing

Staffing Agencies

Freelancers

We Move Volume

Still Looking for Help?

Ask Us About Our Other Financing Programs.

Rental

Lease

Buy, Sell, or Trade in or Trade Up

We place factoring, funding and financing backed with as little as 1% up to 10% of your present contracts, invoices, purchase orders, or other acquired assets. Funders consider your particular procedures related to collections and methods of billing, and these are things that the underwriting considers in making decisions on rates and terms.

Credit Terms

Commercial Credit amounts negotiated on a case-by-case

Short Wait for pre-approval

Funding in 1 Week+/-

Various Credit terms-1 up to 12 Months or even 24 months

Flexible Repayment Plan Pre-Authorized ACH

Pre-Qualifications

Verifiable Income

3-6 months Bank Statements

No Recent NSF’s or overdrafts

Age 21

Valid Driver’s License

Valid Office Address

Recent Credit Report

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