Florida is one of the states in the U.S. that has a thriving business environment for startups and small businesses, especially businesses that operate in manufacturing, transportation, logistics, healthcare, and a host of other industries that need the services of factoring companies.
So, if you have your business in Florida, and you need the services of a factoring company, then you may want to consider some of the best factoring companies with headquarters or active presence in Florida.
Best Factoring Companies in Florida
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AmeriFactors Financial Group
AmeriFactors Financial Group is one of the top factoring companies in Florida, and they have been offering fast funding for over 30 years.
AmeriFactors provides the most expedient, reliable, and rate-competitive factoring services to clients worldwide. AmeriFactors turns account receivables into immediate cash flow. They pay as quickly as 24 hours and will also transfer up to 98 percent of invoice face value.
Contact Address: 1170 Celebration Blvd., Suite 100, Celebration, Florida 34747
Grace Capital Resources
Grace Capital Resources is another top-flight factoring company in Florida. You can comfortably reach out to them if you need a factoring company to work with.
When you apply for financing with Grace Capital Resources, they will perform due diligence. They will also invite you to do the same – they will provide you with business and customer references. With that, it is easier to build trust in the company.
Contact Address: Sanibel, Florida 33957
Freight Factoring Specialists
Another top-flight factoring company to work with if you are looking for a factoring company in Florida is Freight Factoring Specialists (FFS). Freight Factoring Specialists (FFS) offers much more than a transportation factoring company, the company’s value is focused on service, superior invoicing rates, and values that hit home.
With Freight Factoring Specialists (FFS), the only load you have to haul is that of your customer, while the company provides the cash flow and back-office services you need for smooth and simple operations. Freight Factoring Specialists (FFS) cutting-edge technology and services are designed to offer an outstanding customer experience, so you can truly feel at home and focus on what matters: delivering the load and earning money.
Contact Address: Hollywood, Florida
LSQ
LSQ is yet another top factoring company based in Florida. LSQ helps businesses better manage their cash flow to make the most of whatever they have earned.
Offering invoice financing and supply chain finance solutions, LSQ provides clients with a simple, secure, and honest funding experience. LSQ blends human insights with the analytical power of technology to develop products that give customers the means to accelerate the flow of business.
LSQ, headquartered in Orlando, Florida, has helped thousands of companies access more than $25 billion in its 20+ years in business.
Contact Address: 315 E Robinson St, Suite 200, Orlando, Florida 32801
Summar Financial
Another top-flight factoring company in Florida that is worth considering is Summar Financial. Summar Financial is a factoring services company that specializes in supplying working capital to companies in need of immediate liquidity.
Summar Financial partners with clients to fund and manage their account receivables (A/R) as they increasingly focus on their sales and marketing efforts. Summar Financial boasts of robust experience working with small and medium-sized businesses.
Contact Address: 2299 SW 27 Ave, Miami, Florida 33145
CV Credit (Exitus Global)
CV Credit (Exitus Global) is yet another top-flight factoring company that is based in Florida. Exitus Global, formerly CV Credit, was established in 2003 with the intention of becoming the financial arm of businesses.
In 2020, the firm’s merger with Exitus Capital resulted in unprecedented growth in its product offerings and personalized services. Thus, it allows the firm to expand to new markets and create funding products that are customized to the needs of its clients.
After 20 years, the firm’s motivation continues to be the success of its clients! CV Credit’s dedicated team will assist you in finding the financial solution that best fits your needs. They are leaders in factoring, domestic and international, as well as supply chain financing.
Contact Address: 1101 Brickell Avenue Suite 704 South Tower, Miami, Florida 33131
Troy Business Group
Troy Business Group which is generally known for full-service business financing is yet another top-flight factoring company in Florida that is worth considering.
Troy Business Group’s lending platform was created to help business owners deal with the challenges of obtaining funds through traditional banking methods. Troy Business Group provides small businesses with flexible funds, easy-to-understand working capital opportunities, and great customer service.
Troy Business Group focuses on short-term funding, equipment financing, and SBA (Small Business Administration) loans.
Contact Address: 11 NE 1st St, 8th Floor, #601 Miami, FL 33132 US.
ExpoCredit
ExpoCredit is no doubt one of the leading factoring companies in Florida. ExpoCredit understands the challenges businesses face securing financing in today’s marketplace. The firm pride itself on helping when others won’t. ExpoCredit has been in business since 1998 and has helped companies of all sizes and in many industries secure the short-term financing they need to grow and thrive.
Interestingly, ExpoCredit has a global presence with offices in Miami, Mexico City, and Bogotá, supported by a team of over 50 individuals. The organization’s culture revolves around people, fostering innovation and teamwork in everything we do.
Contact Address: 1450 Brickell Ave., Suite 2660 Miami, FL 33131
US MED Capital
US MED Capital is a factoring company that is big on medical receivables financing and they are one of the leaders in Florida.
US MED Capital is committed to assisting small healthcare businesses to accomplish their financial goals. They are an industry leader in healthcare business financing with a track record of providing simple, quick, and easy solutions to obtain capital at competitive rates without the hassle of traditional loan programs.
US MED Capital provides working capital to businesses in the healthcare industry for their business needs including growth, expansion/remodeling, purchasing new equipment, acquiring inventory, and more. US MED Capital prides itself on offering fast and easy straightforward financing options for healthcare professionals.
Contact Address: 1031 Ives Dairy Road Miami, Florida 33179
Gateway Commercial Finance
Gateway Commercial Finance is yet another top-flight factoring company that operates in Florida. For over 16 years, Gateway Commercial Finance has been helping business owners solve their most basic cash flow needs.
Gateway Commercial Finance continued success is based on its honest approach, competitive rates, and unsurpassed excellence in customer service. When you work with Gateway Commercial Finance you get a sophisticated receivables department that can manage your invoices.
Gateway Commercial Finance is known as one of the best factoring companies due to their low monthly minimums, competitive rates, and ability to help their client companies grow. Gateway Commercial Finance provides funding to cover payroll, expenses, and other supplier demands to large and small businesses in all industries.
Contact Address: Delray Beach, Florida
Capital Funding Solutions, Inc.
Another top-flight factoring company in Florida that is worth considering is Capital Funding Solutions, Inc. When you work with Capital Funding Solutions (CFS), you are working with a company that prides itself on the guiding principles of character and honesty. Capital Funding Solutions, Inc. will strive to find the best and most effective financial solution for your business.
Capital Funding Solutions, Inc. is a direct lender of accounts-receivable financing. Through their partners, affiliates, and network of lenders, Capital Funding Solutions directly fund and generate financial products and packages for a wide variety of businesses and industries.
Contact Address: Hollywood (Corporate Office) & Tampa, Florida
United Capital
Lastly, another top-flight factoring company that is worth considering in Florida is United Capital. United Capital Funding converts your B2B and B2G invoices into working capital quickly, giving you more time to grow and manage your business.
United Capital is a part of Gulf Coast Bank & Trust Company. UC Funding is a wholly owned subsidiary of Gulf Coast Bank & Trust Company, an FDIC-insured bank headquartered in New Orleans, Louisiana. As a result, they don’t rely on financing from other sources, as most factoring companies do.
That means United Capital can offer a wider variety of solutions and more funding capacity than traditional factoring companies or brokers, and they can provide lower fees. As a result, they are the most value-added firm in the B2B and B2G marketplace today.
Contact Address: Saint Petersburg, Florida
In conclusion,
All the factoring companies listed above, are reliable and capable of meeting your business financing needs. But we will advise that before settling for any of the factoring companies listed above, you should carry out your due diligence, and get all the needed information so as to avoid unnecessary hidden charges.