Factoring Services

Accounts Receivable Funding

Accounts receivable is money due for a product that has been shipped, received, and accepted or for a service that has been rendered. The receivable is created when the supplier  of the product or service invoices the recipient. GMA Factor would then set up a revolving line of credit using your accounts receivable as collateral and we generally have little or  no involvement with your customers. You still own your invoices and maintain the relationships with your customers. To learn more, click here

Purchase Order Funding

Purchase order funding involves one company paying the supplier of another company, for goods that have been ordered to fulfill a job for a customer. This is an advance and may not be for the entire amount of the supplies, but it will cover a large portion of it. In some cases, companies can qualify for 100% funding. The purchase order finance company will then collect the invoice from the end customer. The purchase order finance company makes their money by charging the company in need of funds various fees. These fees are taken out of the collected invoice. The remaining amount is returned to the company. To learn more, click here

 

Invoice Factoring

Invoice factoring, also called Factoring Invoices, is also asset-based financing that uses accounts receivables as the asset against which the financing is provided. The receivable is  created in the same way accounts receivable funding. GMA Factor would, purchase the accounts receivables outright. Since we buy the receivable in  advance of payment, we purchase the receivable at a discount. GMA Factor now owns the account receivables and we will follow up directly with the customer to secure  payment. We arrange the payment process to make the collection of the payment against the receivable transparent and the customer believes they are directly paying the  entity they purchased the good or service from. To learn more, click here.

Business Cash Advance / Merchant Advances

GMA Inc provides business cash advances, completely unsecured, up to $1,000,000.  A Business cash advance is an effective substitute to small business loans, unsecured business loans or bad credit business loans.  Our business cash advance is based on the cash flow passing through your merchant credit card account or your bank account cash flow activity.  We aid success by quickly providing cash in advance, unsecured working capital, without the strict requirements and formalities of loans offered by banks and other lending institutes.  To learn more, click here


Asset Based Lending

Asset based lending is a type of financing in which the asset being bought, i.e. inventory, land or machine, is used as the collateral.  In asset based lending, the quality of the collateral, and not the financial strength of the borrower, is of prime importance. GMA Inc. bases the amount of the loan on the value of the asset being financed, and the ease with which it could be sold off if the borrower defaults.

If your business is relatively new, or has recently experienced challenges, you might not have access to capital through traditionally structured loans.  To learn more, click here