To Small Van Courier providing deliveries in Ireland.
To Small fashion importer and exporter
1st Commercial Credit will eliminate the need to rely solely on bank offers and other loans when resolving cash flow insufficiency. With the credit terms that we can give you, the operations of your business would not need to come to a halt just because the working capital is not enough.
With our factoring or invoice discounting service, we will help you convert your existing sales ledger into instantly usable cash. There may be other options out there today which also offer financial assistance but the problem is, they rarely recognize the value of the sales ledger. Usually, these are not valid for loans or a credit line. Particularly, banks prefer tangible assets when opening a credit line. They would seek for land, property, inventory and other assets which can be auctioned so that they could liquidate it with no hassle.
Because of the strict regulations and qualifications that banks and lenders impose, entrepreneurs often miss out on a lot of good opportunities just because they do not have ample working capital. This is what we aim to solve.
Accounts Receivable Financing is our Business. 17+ years in business
With our factoring service and invoie discounting solutions, we only look into the financial strength of your customers as basis for determining the allowable credit line. You will be able to open new customers on credit terms or increase credit limits. This leads to further growth of the business. Best of all, the set-up process is easy, there is just minimal paperwork and the initial funds are released in a short time.
Our clients present the most common reasons for their financial shortage. Our company aim to eradicate issues such as:
Receivable Financing Rates
Discount Rates at 1.59% to 3.5%
Compared to what banks and lenders impose, our requirements are much simpler.
Because of all the conveniences that we provide, we easily outshine other competitors.