As an alternative to conventional financing, we offer a source of cash-factoring that ensures available funds and flexibility for growing businesses. Even if yours is a start-up company, Amegy Bank can provide funds to assist you with your cash flow needs based on the creditworthiness of your commercial accounts receivable.
How Can Our Factoring Solutions Help Your Business?
It Allows You To:
Increase sales by maintaining larger, more complete inventories
Meet payroll
Take advantage of cash discounts from vendors
Reduce costs associated with bad credit, credit evaluation and bookkeeping
Eliminate cash flow imbalances due to seasonal fluctuations
Settle outstanding debt or tax obligations
Secure funds for business acquisitions
Why Our Factoring Solutions Are Superior to a Traditional Factoring Relationship.
We Offer:
Competitively priced programs compared to independent factoring companies
Simple, uncomplicated programs
Interim sources of financing which can lead to a traditional banking relationship
The ability to earn or strengthen your credit
An easy transition to other innovative Amegy Bank of Texas services
Access to local decision makers
Why Would You Give Up Ownership of Your Company?
Our program does not require you to give up an ownership interest in your company to a "capital partner." This makes the program much more attractive to you, the business owner, who wants to retain the ownership of the company and ensure your company's future.
Companies That Qualify:
Companies in a high growth mode
Manufacturers, distributors or wholesalers and most service companies
Highly leveraged companies
Companies with insufficient net worth
Start up companies
Closely held and public companies
All factoring applications are subject to credit approval.
