Invoice factoring
Two ways exist to unlock money trapped in unpaid invoices. Wait for the customer, or sell those invoices to a factor for cash now. Invoice factoring suits Catasauqua businesses that bill other companies and wait weeks to get paid, common among the borough's manufacturers and trades tied to the Front Street industrial corridor.
A machine shop near the old Crane Iron Works site delivering parts on net terms, or a Race Street subcontractor waiting on a general contractor, both sit on receivables they cannot spend. Factoring leans on the customer's credit strength rather than the borough firm's own, which changes approval odds.
We broker, so your receivables go in front of factors who specialize in your industry and invoice size. That specialization matters, because a factor comfortable with manufacturing may differ from one that handles staffing or freight. We match your customer base to the right funding source and compare the tradeoffs.
Begin at the Catasauqua business loan hub, the main invoice factoring page, or the Allentown city hub.
Consider a borough fabricator that ships a large order to a regional buyer on net terms. Rather than wait for payment, it factors the invoice to keep payroll and materials moving. We would compare that against a line of credit so the owner weighs both. No amounts are promised; the factor sets every term.
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