Factoring in Mississippi

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

  • MS business gets 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

Since 1998 we have proudly served the Magnolia State of Mississippi with Accounts Receivable Invoice Factoring and Purchase Order Funding.

In terms of revenue generated Mississippi’s top five agricultural products are broilers, cotton, soybeans, aquaculture (farm-raised catfish), and cattle and calves. Mississippi’s most valuable crops are cotton and soybeans. Production of cotton generates about 13% of the state’s total agricultural receipts. Mississippi is a leading (#3) cotton-producing state.

Processed foods are Mississippi’s most important manufactured products. Meatpacking (poultry processing plants) is particularly important. Other food products are beverages, dairy products, grain products, and seasonings. Furniture production is Mississippi’s second-ranking manufacturing enterprise and the state is one of the leaders in the production of upholstered products. The manufacture of chemicals (industrial chemicals, pharmaceuticals) ranks third in the state.

Casino income in Mississippi ranks third among the states, behind only Nevada and New Jersey.

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.

Our Newest Funding Transactions in Mississippi

  • Product / Industry: Underground Utilities Maintenance
  • Location: Lumberton, MS
  • Funding type: Invoice Factoring

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

Ready to get funded? Call us toll-free at 866-598-4295, complete our secure online funding application or chat with us.

Rating: 5.0/5. From 2 votes.
Please wait...

Back to Top