Factoring is designed to eliminate your worry and frustration over slow or intermittent invoice payments. The concept of factoring can be traced back to the Roman Empire. Wealthy Romans employed others to manage their accounts and issue promissory notes at a discount.
Commercial factoring is an alternative to conventional lines of credit.
A factor is a source of funding as well as a financial service. Funding, credit management, collections, bookkeeping, data processing, invoice mailing and business guidance are all available through factoring. OCF knows factoring. We do one thing at our company and we do it well. Experience, understanding, and personalized attention make us stand out in our industry.