Factors of Puget Sound History
Factors of Puget Sound was founded in 1993 with the goal of offering flexible and affordable factoring programs to small businesses. Since that time, we have grown into a company with an annual factoring volume of over $18 million, and have become a respected member of the finance community.
Factors of Puget Sound provides immediate funding to small and medium sized businesses by advancing funds against an approved commercial account receivable. The remainder of the invoice, less factoring fees, will be given to the client when the invoice is paid in full. Factors of Puget Sound can also assist small businesses by providing credit and collection services for accounts receivable management.
Factors of Puget Sound has the financial flexibility to offer factoring programs to fit our client's diverse needs such as:
- Funding for rapid growth
- Funding start up companies
- Funding clients with previous credit problems
Our goal is to look for companies with good management and give them the resources to grow and expand. It is our combination of financial flexibility and personalized service that sets us apart from our competitors.