Invoice Discount Financing (Factoring)
Invoice Discounting Financing (Factoring)
Our invoice discount financing business’ main focus is to fulfill the short-term working capital needs of small and medium-sized companies through the applications of factoring and purchase order financing.
Factoring
Factoring is the sale of your invoices for immediate cash. Once you qualify, we will immediately advance to you an agreed upon percentage of invoices that we purchase. Once we receive the payment from your customer, we will remit the remaining balance due to you.
By utilizing these methods, your business is able to:
- improve cash flow
- enhance business growth potential
- take advantage of supplier discounts
- add more depth to existing financial facilities
Import/Export Financing
Morrison Financial also provides Canadian exporters and importers with the liquidity to accept new business, grow your international sales and compete more effectively in a global marketplace. With uncertainties in many of the traditional markets, volatile interest rates, higher commodity prices, and limited enthusiasm in trade financing from many banks, importers and exporters increasingly require a sophisticated and dedicated service to assist them in finding innovative solutions to their trade finance problems. We can arrange competitive financing at various stages of the export/import cycle and we offer a comprehensive range of products and services that allow you to conduct smooth and efficient trades internationally.
Years of experience and substantial financial resources allow Morrison Financial to provide fast, reliable funding when you need it most.
Our highly skilled and professional team is knowledgeable in all aspects of receivables administration and adheres to a strict code of conduct when processing client accounts. We maintain absolute confidentiality at all times, and we are always sensitive to the necessity of protecting your relationships with your customers.
You may wish to complete an online information request form or call a Morrison Financial representative directly to see if your current situation qualifies for funding under Morrison Financial.
