We understand traditional financing can be a slow, complicated process for many applicants. Porter Capital works with a variety of customers who may not qualify for traditional business loans or who want a more immediate and flexible way to finance new business opportunities.
If you’ve dealt with bankruptcy, rapid growth, want to expand your business or find more efficient ways to finance any aspect of your business, then invoice factoring might be the perfect solution.
With invoice factoring, you sell your invoice to the factoring company and obtain between 70% to 90% of that invoice up-front. Rather than relying on a traditional business loan, factoring invoices offers you a debt-free financing option and quick cash access based on your invoices.