Since April, the SBA has loaned over $500 billion. This huge number has softened the blow the economy would have taken due to the shutdown. As helpful as the PPP is, companies are now finding themselves again strapped for cash.
Most of our clients at American Receivable were able to secure a loan thru the PPP. Now that they have spent the amount they were loaned, our clients are well positioned to grow because they have our factoring advantage. Whether our client is a nurse staffing company, a PPE manufacturer or an oil and gas service company, they all have the certainty of positive cash flow. Our factoring program helps companies stay current on operating expenses and provide capital for growth.
American Receivable continues to pay the highest factoring commissions in the industry. We are a Top-Rated factoring company by Business.com. For over 42 years our factoring service has helped start-ups, growth and survival mode companies succeed. It is referrals from our trusted partners that has helped us to succeed. Please reach out to Jack Stieber or Brad Gurney at 1-800-297-6652 or complete our quick application form.
