Why we do

what we do

At Summar, we believe that funding your business’ growth should be fast and simple. We do this by understanding the challenges you face and offering:

  1. Transparent pricing
  2. No chargebacks
  3. Personalized service

We are a no-hassle funding company.

+5000

clients served

+17 years

of experience

$ 3 billion

financed

Meet our leaders

Funding Center

+1 million invoices processed I + 3 million all-time funded

--
-- Millons USD
Number of invoices : --

Milestones

A brief history of Summar

  • 2004

    Summar is founded in Miami, Florida, as an international factoring company.

  • 2006

    We reach our first $20 million in funded transactions.

  • 2009

    we implement our nearshored back-office strategy by opening our office in Colombia.

  • 2010

    Summar secured its first bank line of credit.

  • 2011

    We launch our Freight Factoring portfolio under the name CashFactor.

  • 2013

    We triple our funding credit line, streamline our operation department, and strengthen our team to grow faster.

  • 2014

    Summar buys its Miami office building and grows its team by 45%.

  • 2015

    we implement a new software tool that allows us to grow exponentially while giving better customer service.

  • 2016

    we launch supply chain financing.

  • 2017

    Summar joins Scaling-Up, a Gazelles Growth Institute program to help small businesses expand and grow.

    We consolidate our brands (Summar and CashFactor) in one: Summar.

  • 2018

    We launch our 2-hour funding brand promise. Our Supply Chain Finance purchases grew 1000% since its launch in 2017.

  • 2019

    We create Summar University for Sales, Customer Service, and Collections Teams.

  • 2020

    We open our Texas office and strengthen our sales division.

    We launch a new face, upgrading our corporate image.

  • 2021

    We reach 1,000,000 invoices processed.

Affiliations

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Call us at

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Welcome to Summar!

Thank you for your interest in Summar

We are a no-hassle funding company and we believe in fast and simple factoring services that improve the growth of your company.

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