Factoring

Tortugas Finance Corp. can provide a variety of receivable financing alternatives                         

• Revolving Credit Lines for receivable purchases
• Single Purchases of select receivables, in some circumstances 
• Through the use of our highly automated Client Input System, we can consider very small transactions to large programs

• We will factor up to 90% of the face value of receivables 
• Monthly receivable volume can be $5,000 to $100,000 per month.
• The Discount Rate will vary, based on a number of factors, including credit quality of receivable payor, size and collection history.
• Based on the client, we may factor on a non-recourse basis. 
• Tortugas uses a state-of-the-art software program, which allows you to track, on-line, payments on receivables, as well as produce regular receivable and financing reports.

Why Work with Tortugas?

1. Highly experienced corporate and commercial bankers; we will take the time to learn about your business and structure a financing which meets your needs.
2. We have the capabilities to grow with your company.
3. Minimal Paperwork required.
4. Quick Turnaround on Applications.
5. We can generally deliver funding with 5-7 days of your application.
6. Payments are made electronically and can be funded the same day as receipt of completed documents. 

Questions?  E-mail us at info@tortugasfinance.com