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Alberta: Factoring Financing

Waiting up to 60 days to get paid by clients can be a problem for many business owners. This delay often leads to cash flow problems that prevent you from running your company efficiently.

Our invoice factoring program provides you with an advance for your slow-paying invoices. You get immediate funding to pay critical expenses, such as payroll and suppliers. The result is that you get more predictable cash flow.

We are a leading Alberta factoring company. We offer competitive rates and high advances. We work in most industries and can set up your account quickly.

For an immediate quote, fill out this form. To speak with an expert, call us toll-free at (877) 300 3258.

Please select a category

Invoice Factoring

Invoice Factoring

Provides an advance for your slow-paying invoices from creditworthy customers. Works in most industries including oilfield services, manufacturing, consulting, and business services.

Freight Factoring

Freight Factoring

Ideal for Alberta transportation carriers and freight brokers. Our programs help you pay for driver and fuel expenses and position you for growth.

Asset Based Lending

Asset Based Lending

This solution helps small and midsize companies in Alberta that need to improve their cash flow by financing accounts receivable, inventory, equipment and other assets.

Distributors / Wholesalers

Distributors / Wholesalers

Specialized program for distributors, wholesalers, and resellers. Helps your company fulfill large purchase orders by helping with supplier expenses.

Inventory Financing

Inventory Financing

This solution helps small and midsize wholesalers in Alberta that want to improve their working capital by leveraging their existing inventory.

Staffing Agencies

Staffing Agencies

Specialized program that helps staffing agencies that need funding to meet payroll and pay for other important expenses.

How does invoice factoring work?

Invoice factoring is simple to use and can be implemented by most small businesses. The transaction works as follows:

  • You submit an invoice to the factoring company.
  • The factor provides the advance – often 80% of the invoice.
  • After 30 to 60 days, your client pays.
  • The factoring company rebates the remaining 20%, less its fee.

Fore more details about how transactions are structured, read “How Does Invoice Factoring Work?

Low costs

The cost of factoring services ranges from 1.5% to 3.5% per 30 days, based on the credit profile of your clients and the size of your financing line. Costs can be prorated.

We offer competitive rates and high advances. We work in most industries and can set up your account quickly. For an immediate quote, fill out this form. To speak with an expert, call us toll-free at (877) 300 3258.

High advances

We can provide advances from 80% – 90% based on your industry, needs, transaction size, and other criteria.

Benefits

Our programs provide you with a number of benefits, especially if you work in the Oil and Gas industry. While Oil and Gas companies are great payers, they often pay invoices in 30 – 60 days. Our invoice factoring program accelerate your revenues and improve your cash flow.

Benefits include:

  • Quick payments – no need to wait to get paid
  • Flexible financing –  grows with your sales
  • Easy to obtain – most businesses can qualify
  • Fast setup – factoring companies can get you funded in days

Industries

We can work in most industries. However, we focus on the Oil and Gas sector. The economy of Alberta has a strong energy industry that represents about one quarter of its GDP. Our factoring programs are well-suited to help companies in:

As one of the leading factoring companies that operates in the region, we can also finance businesses in most industries, such as manufacturing, transportation, and services.

How does purchase order financing work?

We also offer purchase order (PO) financing to select clients. This solution provides you with funding to pay suppliers for your orders. PO financing is a supplier financing alternative that enables you to process large orders with the confidence that your suppliers will be paid on time. The transaction is settled once your client pays for the goods.

Note that PO financing is offered only to product resellers and wholesalers who sell unmodified third-party goods.

Need more information?

Are you looking for factoring companies in Alberta? If so, we would like to you make an educated decision. We have a number of articles in our resource centre and in our blog. Popular articles include:

Service area

We can work with companies in any area of the province, including the metro areas of Calgary and Edmonton.

Location

Our mailing address is:

Commercial Capital LLC
Jasper Avenue NW
Edmonton, AB T5K 0L5

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