YOU GET FLEXIBILITY
THAT NO ONE ELSE OFFERS
We offer tailored processing systems
You can choose to use the latest in technology- based processing systems
or the old-fashioned paper-based ones
or a combination.
Unlike the others
we don't force you into a box
We will tailor our financing programs to help you make more cash.
Unlike the others
you get to choose
what works best for you.
We can do this because we have the knowledge,experience,
one-of-a-kind financing that is unique in the factoring industry.
OUR PROVEN FACTORING PROGRAMS
HELP BOOST YOUR CASH PROFITS
OCF FACTORING COMPANY
- Providing factoring services nationwide
- Over 70 years of factoring company experience
- Up to 97% Advance Rates
Why Factoring is Necessary
"A sale is not a sale until you collect the money"
Are you a part -time banker
for your customers?
Take a look at your accounts receivable aging
schedule and count the number of accounts
over 30 days.Congratulations, you are extending
credit to those customers.You are not getting
paid for delivering your end of the deal
in a timely manner and as a result
you are providing the use of your
money to your customer for free.
Not exactly the business you
you were getting into, is it?
Ask yourself this question:
If those customers of yours went
to a bank, borrowed the same amount of time,
would they expect to pay a substantial
amount of interest for the privilege?
Of course they would!
And consider this: Not only
you receiving no interest on that money,
but most importantly,you are also losing the
use of that money while you
are waiting for your customer to pay you.
What is the cost of not having this
money available? In essence, your customers
are asking you to finance their business by
extending terms and allowing them
to pay in 30 days (and usually longer, right?).
But what is it costing you in "missed opportunities"
when your money is tied up in
your accounts receivable?
WHAT SETS US APART
• Same Day funding on approved invoices
• We do not require a long term contract.
• 97% advance rates; tops in the industry
• Credit analysis on new and existing customers
• Continuous collection management and
follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
Our flexibility allows you to maintain control:
• You select accounts you prefer to factor
on an invoice by invoice basis.
• You control total factoring costs by only
factoring on an "as needed" basis.
Up to 97% Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as
well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience dilution
and that we would otherwise not be able
to service. Advance rates range from
80% to 97% of the gross invoice amount.
Fees are determined based on your industry,
the credit worthiness of your customers,
how quickly your invoices turn, and
monthly factoring volume.
OCF provides individualized customer service,
by tailoring our flexible programs to fit the individual
needs of each of our clients. We strive to
be responsive, handling receivables
with speed, efficiency, and a personal touch.
As a client you are assigned one account
administrator who will personally handle
all of your account activity and inquiries.
This gives us the ability to buy your
receivables and get the money to
you within 12 to 24 hours.
Having one person look after your account
also makes it easy for you to decide
which invoices you are going to sell and
when you want to sell those invoices.
Our funding is primarily done by
direct deposit or wire.
OCF has more than 70 years of successful
cash flow and credit management experience,
experience we would love to put to work for you.
To talk with a member of our sales team,
please contact one of our regional offices at: