Factoring is a form of accounts receivable financing whereby your invoices are converted to cash in a very short time period. Factoring company accounts programs help businesses increase cash flow while reducing credit and collections headaches, and can be a meaningful solution to your company’s rapid growth without diluting shareholders.
By selling your accounts receivable, your company can instantly liquidate its receivables, on a recourse or non-recourse basis, creating a secure reliable source of ready cash on an as-needed basis.
Questions? For more information on factoring accounts, please contact us via phone or e-mail.
Copyright 2016 UMB Financial Corporation
“UMB” – Reg. U.S. Pat.& Tm. Off.
When you click links marked with the “‡” symbol, you will leave UMB’s Web site and go to Web sites that are not controlled by or affiliated with UMB. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. Other Web sites may not follow the same privacy policies and security procedures that UMB does, so please review their policies and procedures carefully.