Small Fleet Trucking Company
Long Haul Trucking Company
18 Years In business & Over 3,200 Clients Funded
Available for Canadian Importers and Manufacturers
Have you exhausted your efforts at the bank?
If your Manufacturing 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 Financing for Small to Medium Size Importers and Manufacturers Get Your Funds in 3 to 5 Days
Your manufacturing 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.
We fund manufacturing 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.
Manufacturers and Importers come to us due to our quick & flexible approval process, high credit limits, low rates, transparent fee structure, and free manufacturing invoicing software that creates your funding schedule.
WE Lend more than the BANK and Make Same Day Decisions
Accounts Receivable Financing is our Business. 18+ years in business
Any Manufacturer or Importer can qualify for a receivables credit line if:
The Manufacturer sells items to credit worthy commercial account customers and it has not pledged accounts receivable as collateral.
The more sales your manufacturing plant generates, the larger your credit facility becomes.
We accept manufacturing 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 manufacturing 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.
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.
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.
In Canada, there has been a persistent push towards welcoming manufacturing companies that can create jobs and add to the local economies. If you run a Canadian manufacturing company, then you understand how much the industry has changed and how competitive it has become. There is much more to it now than simply setting up an assembly line and populating it with qualified workers. 1st Commercial Credit is a finance company that understands all of the changes that have occurred in manufacturing.
1st Commercial Credit is the premier international invoice factoring organization for small to medium sized manufacturing organizations. We have been factoring manufacturing invoices for a long time and we have been right there as the marketplace has change. These days, it is difficult for consumers to tell who is actually making their products. But for the companies that are actually doing the production work, automation and outsourcing are just two things about the industry that have changed it forever. If you want to be competitive as a manufacturer, then you need a strong financial foundation on which to build your business.
Our invoice financing solutions bring economic stability to a company and we allow that company to reach all of its goals utilizing its own financial resources.
1st Commercial Credit takes your receivables and makes them go to work for you instead of allowing them to rot away in an aging report. When your money works hard for you, then your company is on its way to success.
You have deadlines to meet and new clients to impress, so you do not have time to fill out an application for every funding need.
Receivable Financing Rates
Financing Rates at 0.69% to 1.59%