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Summar Financial is a full-service factoring and Purchase Order Financing company.
This means that when our clients sign up for factoring or P.O. Financing, they receive an array of other services which are usually not offered by other factoring firms. |
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Domestic Factoring: We buy receivables arising from transactions between companies located in the U.S, Canada and Puerto Rico. For info on our operating procedures. |
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International Factoring: We buy receivables from companies which are located outside the United States and Canada and whose clients are under U.S. jurisdiction. This process if very similar to domestic factoring but allows companies outside North America use factoring on the invoices they issued to American and Canadian clients. |
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IPurchase Order Financing: We offer Purchase Order Financing for companies who qualify. For info on our purchase order financing process. |
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Credit Analysis: If your company does Factoring or P.O. Financing with us, we will analyze the credit-worthiness of your customers and provide you with risk assessment analyses for each client. |
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Accounting: Our in-house accounting team will teach you how to best account for factoring operations at no extra cost to your company. |
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Collections: Summar Financial has a team of professionals dedicated to the processing of our clients’ accounts receivables. Invoices assigned to us are processed and collected by this team. Thus, assigning your company invoices to Summar will allow you to focus on production and sales growth instead of having to allocate time and resources to debt collection. |
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