Recourse Factoring







































Factoring companies locations

More Recourse Factoring Information

Historically, the bulk of factoring was predominately in the textile, furniture and apparel industries.  Today, factoring firms are working with all types of industries, including: manufacturers, service providers, transportation companies and high technology firms.  Locally, as growing Puget Sound firms continue to prosper, suppliers and contractors are looking for additional sources of working capital to accommodate increased sales volume.

The overall increase in factoring volume is mainly attributed to the credit crunch in the late 80s.  As the availability of bank commercial credit tightens, more businesses look towards alternative sources of financing to achieve growth. 


Factors can help those firms that banks often find difficult to approve such as start-up companies whose growth outstrips cash.  The primary focus in a recourse factoring relationship is the credit-worthiness of the customers being invoiced and the client’s ability to produce a quality product or service.   Simply put, if the business has an acceptable product or service that it provides to a creditworthy customer then the business is a candidate for recourse factoring.


OCF Recourse Factoring
Financial Services

- Providing
factoring financial services nationwide
 - Over 70 years of factoring company experience

 - Up to 97% Advance Rates

What Sets Us Apart 
Our  factoring financial services program includes
the following features  

• Same Day funding on approved invoices
• We do not require a long term contract.
• 97% advance rates; tops in the industry
• Credit analysis on new and existing customers
• Continuous collection management and
   follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
  24/7 online account access.

Our flexibility allows you to maintain control:

• You select accounts you prefer to factor
   on an invoice by invoice basis.
• You control total factoring costs by only
,  factoring on an "as needed" basis.

Up to 97% Advance Rates:

Advance rates are based on overall risk
associated with a particular industry as
well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience dilution
and that we would otherwise not be able
to service. Advance rates range from
80% to 97% of the gross invoice amount.

Factoring Financial Services Fee Structures:

Fees are determined based on your industry,
the credit worthiness of your customers,
how quickly your invoices turn, and
monthly invoice factoring volume.

OCF provides individualized customer service,
by tailoring our flexible invoice factoring
programs to fit the individual
needs of each of our clients. We strive to
be responsive, handling receivables
with speed, efficiency, and a personal touch.

As a client you are assigned one account
administrator who will personally handle
all of your account activity and inquiries.
This gives us the ability to buy your r
eceivables and get the money to
you within 12 to 24 hours.

Having one person look after your  recourse factoring service
account also makes it easy for you to decide
which invoices you are going to sell and
when you want to sell those invoices.

Our funding is primarily done by
direct deposit or wire.

OCF has more than 70 years of successful
cash flow and credit management experience,
experience we would love to put to work for you.

To talk with a member of our sales team,
please contact one of our regional offices at:

Toll Free:  888-266-0197