Newfoundland Invoice Factoring

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

  • You get up to 92% cash advance
  • 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? We can finance you
  • Credit protection with every factoring program

Since 1998 we have proudly served Newfoundland and Labrador with Accounts Receivable Invoice Factoring and Purchase Order Funding.
Industry

Economic growth, gross domestic product (GDP), exports and employment have grown in the past 2 years. Service industries accounted for the largest share of GDP, especially financial services, healthcare, and public administration. Other significant industries are mining, oil production, and manufacturing.

Mines in Labrador, the iron ore mine at Wabush/Labrador City, and the nickel mine in Voisey’s Bay produced a total of $3.3 billion worth of ore in 2010.   The province produces 55% of Canada’s total iron ore.   The fishing industry is an important part of the provincial economy.  Aquaculture is a new industry for the province, which in 2006 produced over 10,000 tonnes of Atlantic salmon, mussels and steelhead trout worth over $50 million.

Newsprint is produced by one paper mill in Corner Brook. Lumber is produced by numerous mills in Newfoundland.  Apart from seafood processing, paper manufacture and oil refining, manufacturing in the province consists of smaller industries producing food, brewing, and other beverage production, and footwear.  Tourism is also a significant contributor to the province’s economy.

For Invoice Factoring or Purchase Order Financing for your Newfoundland and Labrador-based company please call toll free in Newfoundland and Labrador to (866) 598-4295 or complete our secure online funding application.

Here is a list of just some of the Newfoundland and Labrador client types we have helped with their Working Capital Needs and the Factoring 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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