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Factoring and Purchase Order Financing

Do your clients pay invoices in 30, 60, or 90 days? Do you need money sooner? This problem is common for growing companies who can’t afford to wait that long for payment.

Invoice factoring provides you with an advance for your slow-paying invoices. Factoring gives you money to pay important expenses, such as suppliers and payroll. It also improves your cash flow and minimizes the uncertainties of when you’ll get paid.

We offer competitive factoring rates and high advances. We also 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.

Commercial Capital LLC offers factoring in Canada and has offices in Toronto.

Please select a product

Invoice Factoring

Invoice Factoring

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

Freight Factoring

Freight Factoring

Specialized program for transportation carriers and freight brokers. The program provides an advance on slow-paying freight bills.

Staffing Agency Factoring

Staffing Agency Factoring

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

Purchase Order Financing

Purchase Order Financing

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

What are the benefits of our factoring solutions?

Our factoring programs can provide you with many benefits, including:

  1. Improved cash flow
  2. Reduced payment uncertainty
  3. Allows you to offer net 30 terms to clients with confidence
  4. Flexibility – the line can grow with your revenues
  5. Easy qualification

How does factoring work?

Factoring companies finance invoices by purchasing them. The invoice is financed in two instalments: the advance and the rebate. Most transactions follow this format:

  1. You submit the invoice to the factoring company
  2. We deposit the advance to your bank account
  3. Your client pays the invoice after 30 – 60 days
  4. We rebate the remaining funds, less a small fee

For a detailed description of the process, read “How Does Factoring Work?

High advances

We can provide high advances to companies in most industries. Generally, staffing and transportation companies can expect an average advance of 90%. Other industries can expect advances of 80% – 85%.

Low rates

Rates range from 1.5% to 3.5% per 30 days based on your industry, volume, and risk. For an instant quote, fill out this form. To speak with an expert, call us toll-free at (877) 300 3258.

What is purchase order financing?

Purchase order (PO) financing is a specialized funding program for Canadian resellers and wholesalers. PO financing covers the specific supplier expenses associated with a purchase order, enabling you to complete it and book the revenue.

The transaction settles once your client pays for the goods.

Benefits of purchase order financing

PO financing has a number of benefits, including:

  • Available to new companies
  • Enables you to fulfill large orders
  • Can cover most of your supplier costs
  • Easy qualification

PO financing qualification criteria

We can help companies that:

  • Sell products/services to creditworthy commercial clients
  • Have relatively high gross margins
  • Have invoices free of encumbrances

Want to learn more?

Are you looking for a factoring company? We are one of the leading factoring companies in Canada and would like an opportunity to earn your business. To learn more about our services, review our resource centre and our blog. Popular articles include: