factoring in connecticut

Need working capital now? Can’t wait 30 or 60 days for your Accounts Receivable to Pay? We can help.

  • CT small companies get up to 92% cash advanced
  • Fast and easy financing in as little as 24 hours
  • Bad credit? No problem. We look at the credit of your client, not yours
  • Tax issues? You can be financed
  • Credit protection with every factoring program

Businesscash.com has proudly served the Nutmeg State of Connecticut with Business Cash Loans, Accounts Receivable Invoice Factoring and Purchase Order Funding since 1998.

The agricultural produce of the state includes nursery stock; eggs; clams and lobster (shellfish); dairy products; cattle; and tobacco.

Its industrial output includes transportation equipment, especially helicopters, aircraft parts, and nuclear submarines; heavy industrial machinery and electrical equipment; military weaponry; fabricated metal products; chemical and pharmaceutical products; and scientific instruments.

What is a Typical cost of Factoring?

Factoring fees are based on length of time for payment from your client. Below is an example chart of how fees work based on timeframe.

Fees vary based on your unique funding situation.

Length of Time for Payment Invoice Factoring Rate
20 days 1.00%
30 days 1.50%
45 days 2.50%
60 days 3.00%


Keep in mind that a good factoring company will work with you based on your customer’s payment history and make sure your terms are favorable to you.

Your customers pay in a particular pattern. If your customers all pay in 37 days, then a fee based on 30-day increments would be slightly more costly. That’s because you will end up paying additional factoring fees based on the extra seven days. Factors can design your fees based on your unique situation – daily, 10-day increments, 60-day flat fee, etc.

Here is a list of just some of the Connecticut client types we have helped with their Working Capital Needs and the Services we provided:

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