Factoring in New Jersey
Since 1998 we have proudly served the state of New Jersey with Accounts Receivable Invoice Factoring and Purchase Order Funding.

New Jersey has the highest percentage of millionaires.  It is ranked 2nd in the nation by the number of places with per capita incomes above the national average with 76.4%. Nine of New Jersey’s counties are in the wealthiest 100 of the country.

New Jersey’s economy focused on the pharmaceutical industry, the financial industry, chemical development, telecommunications, food processing, electric equipment, publishing, and tourism. The state ranks second among states in blueberry production, third in cranberries and spinach, and fourth in bell peppers, peaches, and head lettuce. 

New Jersey has a strong scientific economy.  New Jersey is home to major telecommunications firms.  Its large and well-educated labor pool supports a large variety of industries.

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.

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

  • Up to 92% of cash is advanced to you
  • 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


factoring company cash now

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

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

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