Let American Commercial Capital Help Your Business
American Commercial Capital, LLC offers financing through invoice factoring to a variety Houston-based clients, including staffing firms, manufacturers, technicians, construction and many other service-oriented companies. The key to this type of financing is the creditworthiness of our clients' accounts receivable. Funds advanced by American Commercial Capital, LLC, are repaid through the subsequent collection of purchased receivables.
Upon signing an agreement, American Commercial Capital, LLC, will begin the invoice factoring process by purchasing your existing invoices. Then, as you create new invoices, they are sold to us. After determining that an invoice is creditworthy, we advance anywhere from 50% to 80% of the face amount of the receivable. This funding enables your Houston-based company to cover production costs as well as pay vendors and employees on a timely basis.
In addition to an ongoing source of capital for your Houston-based small business, our invoice factoring program provides accounts receivable management services. These services include customer credit checks, accounts receivable bookkeeping and collection assistance. Our fees start as low as 2%, depending upon volume of sales, average invoice amount, credit quality and the terms of sale.
If the client's receivables are already pledged to a bank or other lender, American Commercial Capital, LLC, can often make arrangements with the first lender to allow invoice factoring.