Accounts receivable factoring turns unpaid B2B or B2G invoices into immediate cash by selling them to receivable financing companies. Your Tyler business submits verified invoices for completed work or delivered goods, the factoring company advances 70-90% of the invoice value within 24-48 hours, and you receive the remaining balance (minus the factoring fee) once your customer pays. This isn't a loan; it's a purchase of your receivables, so approval focuses on your customers' creditworthiness rather than your own credit score or time in business.
Pondview Funding Group serves as your broker, connecting Tyler-area businesses with accounts receivable factoring companies that match your industry, invoice volume, and customer base. We handle the application process so you can focus on operations along South Broadway or out toward Lindale.