Receivable Financing for Distributors

Over 3,200 Clients Funded

Over 18 Years in Business

Recent Transactions

$350,000

Long Haul Trucking Company

$250,000

Small Fleet Trucking Company

Receivable Financing Rates at 0.69% to 1.59%

18 Years In business & Over 3,200 Clients Funded

  • Fast Approval Process
  • No Up Front Fees to Set up
  • No Financials Required
  • Low Credit Score Accepted
  • 3 to 5 Day Initial Setup
  • Free Invoicing Software with Merging Apps
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or

Financing Receivables for Canadian Distributors

Available for Canadian Wholesale Distribution

Have you exhausted your efforts at the bank?

If your Distribution Company is selling on credit terms and has unpaid invoices, 1st Commercial Credit can help you get initial set up and funding in 3 to 5 working days.

  • Flexible Set up Process
  • We Make Same Day Decisions
  • Free Distributor Invoicing Software
  • Free Image Merging Apps
  • Purchase Order Financing Available
  • We Fund on Digital Images

We Lend More than the BANK

Flexible Financing for Small to Medium Size Distributors and Wholesalers Get Your Funds in 3 to 5 Days

  • Up To 90% Advance
  • No Financials Required up to $350,000
  • Rates at 0.69% to 1.59%
1

Unlimited Funding & Predictable Cash Flow

Your distribution company has unlimited growth limitations with our funding program. Your line of credit grows with your credit terms sales and can start a with as little as $10,000 to $10 Million in monthly sales.

Financing Distributors
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2

Flexible Underwriting & Same Day Decisions

We fund distribution companies with more eligibility on receivables than a traditional lender or bank, with 90% less paperwork. Get approved and setup in 3 to 5 working days. We do not underwrite like slow decision banks.

Flexible underwriting for receivable financing
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3

Why Is 1st Commercial Credit Different?

Distributors & Wholesalers come to us due to our quick & flexible approval process, high credit limits, low rates, transparent fee structure, and free distributor invoicing software that creates your funding schedule.

Distribution financing pallet mover
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Most of our Distributor type clients are either:

  1. Fast growing wholesalers whose past earnings and sales histories will not justify the increased borrowing or are out of self-financing resources.
  2. Suppliers have capped their credit lines
  3. Client has outgrown their bank facility and is stuck turning away business.
  4. Start-up operations with no financing base to rely upon or companies with seasonal or uneven sales patterns.
  5. Principals with bad credit and cannot obtain traditional financing.

Get A Quick $350,000 in 3 to 5 Working Days

WE Lend more than the BANK and Make Same Day Decisions

  • WE Accept Low Credit Scores
  • WE Fund Faster than Any Bank
  • Purchase Order Funding Available
  • Term Loans to Existing Clients
  • No Financials Required
  • No Up-Front Fees To Set Up
  • Financing Rates at 0.69% - 1.59%
  • Custom Rates Available

Why Choose Us?

Accounts Receivable Financing is our Business. 18+ years in business

  • Financing Rates at 0.69% - 1.59%
  • 10,000 & up to 10 million Facilites
  • No Financials Required
  • Set up in 3 to 5 working days
  • No up-front fees - No hidden fees
  • No facility fees - No Audit Fees
  • Customer referrals upon your request
  • We Make Same Day Decisions
  • No Monthly Minimums
  • No invoice Minimum Fees
Get Started Today
or

What type of wholesale and distributors qualify for invoice factoring or receivables based financial services?

Any Distributor can qualify for a receivables credit line if:

The Distribution Company sells items to credit worthy commercial account customers and it has not pledged accounts receivable as collateral.

  • Wholesalers
  • Distributors
  • re-sellers
  • Importers

Unlimited funding services for Canadian wholesale and re-seller companies

The more sales your distribution center generates, the larger your credit facility becomes.

We accept distribution companies with as little as $10,000 a month in sales to $10 Million.

The ultimate value in our funding programs is "Consistent Predictable Cash Flow". Your distribution company no longer has to wait for checks to come in and clear the bank to pay suppliers, make payroll, pay taxes and fixed expenses.

Business Owners Enjoy Flexible Underwriting

Same Day Decisions puts your company back on track.

1st Commercial Credit is an accounts receivable finance company that specializes in advancing funds against the face value of your invoices sold on credit terms for delivered products. A Purchase Order and Bill of Lading should be accompanied by your invoices. If you have invoices sold to a credit worthy accounts, that's 95% of the approval process. We have funded over 3,200 businesses just like yours and we are very confident in finding a solution for your funding needs.

We move very fast and when a business owner is in need of funding within a week to make payroll, pay suppliers, lease payments, fixed expenses and taxes. Business owners with low credit scores are accepted in our underwriting process.

Quick Fill Out Form - Get Started Today

What Makes 1st Commercial Credit Different from other Receivable Lenders?

Selective Clients For Funding

We allow for you to pick and choose the customers you wish to enroll for invoice financing. No need to send in all the customers you have for funding. We want you to use what you need when you need it, and as your business grows, you can use more or you can stop if you are able to retain earnings.

Credit Analysis for Account Debtors

We are constantly monitoring credit in the portfolio to prevent losses in case a customer's payment trend begins to slip.

Free Invoicing Software

All clients are given the option to use our proprietary invoicing software that helps in creating the invoice, merges all the backup documentation and prepares the invoice for funding. Saves up to 70% in time consolidating documentation for invoicing. Free app if needed for out of office people to upload documents with their cell phone and immediately available for submitting for funding.

1st Commercial Credit is providing the cash flow solutions for the distribution industry.

1st Commercial Credit has been part of the Canadian distribution industry for a very long time. The distribution business is very different than any other kind of industry in Canada, and it takes a special kind of funding company to meet the ongoing needs of a dynamic distribution organization.

Proving flexible plans that you need to meet all of your distribution finance goals and we can show you how much easier your job will be when you have adequate cash flow.

In addition to financing receivables, 1st Commercial Credit can provide purchase order financing and supply chain finance for small companies.

The ultimate goal is to create a healthy flow of products into the hands of paying end users and that requires a persistent undercurrent of cash. 1st Commercial Credit knows that the job of financing distributors falls on the distributors themselves. The manufacturers expect distributors to continue to purchase products and the retailers rely on wholesale companies to keep supplies updated. It is a fluid process, but it is not an easy one to maintain.

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Receivable Financing Rates

Financing Rates at 0.69% to 1.59%

  • Quick Approval Process!
  • No Financials up to $350k
  • Easy Set-Up in 3 to 5 Days
  • Over 17 years in business
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