Canadian Companies Have A New Financing Alternative

(PRLEAP.COM) Toronto, Canada – Canadian companies now have a new financing alternative. Invoice Factoring Group, a subsidiary of Commercial Capital LLC, has announced the expansion of its services and is offering factoring and purchase order financing to companies in all Canadian provinces.

Obtaining working capital can be a major challenge for new and growing Canadian businesses. Banks tend to be very conservative in their financing approach and will only lend money to companies that meet their strict criteria. However, most companies such as staffing agencies, trucking companies, small manufacturers and import export agents seldom qualify.

Invoice Factoring Group’s programs provide companies with the funds they need to cover payroll and supplier expenses. The factoring program (also known as invoice discounting) provides companies with an advance on their slow paying accounts receivable. The purchase order financing program helps wholesalers and resellers cover their supplier costs, enabling them to deliver on their large purchase orders.

“We are happy to offer our services in Canada,” said Marco Terry, president of Invoice Factoring Group. “We offer a great alternative to traditional business financing, ” added Terry.

As opposed to bank financing, factoring and po funding are easy to obtain. We base our financing decision on the strength of the client’s receivables and payers (customers). This makes it an ideal solution for new and growing companies who have a strong roster of customers but not a lot of capital.

About Commercial Capital LLC and Invoice Factoring Group

Commercial Capital LLC is a leading factoring company that provides accounts receivable factoring and purchase order financing. For information, please call (866) 730 1922 or go to http://factoring.qlfs.com/html/factoring_canada.html or http://factoring.qlfs.com/html/categories.html .