Check local New Jersey invoice factoring companies to receive the personal touch

Whenever you are dealing with a local company, you're more likely to get the personal touch. However, the NJ factoring company doesn't have to be in the same state to be local. There are many "local" NJ factoring companies based in neighboring states.

I recommend: Alliance One is a New York-based factoring company that has been in business for more than 30 years. It specializes in factoring to small and mid-size businesses and is ideal for Northern New Jersey businesses. Praxis Capital is located in West Conshohocken, PA, which is a good location if your business is located in Central or Southern New Jersey.

Look for reliable online factoring companies that can handle your New Jersey A/R factoring

When looking at online factoring companies you need to look at its history and the ease of approval by the factoring company. Also, take into consideration the rates the company charges for handling your New Jersey accounts receivable (A/R) financing.

I recommend: Rexford Funding has account executives who have been in the finance business for more than 30 years. It is committed to bringing factoring to small businesses. Crestmark Commercial Capital Lending, LLC has been in business since 1991 and provides factoring to every size business.

Find a national company that can handle your New Jersey invoice factoring

Even though local New Jersey business factoring companies are likely to provide more personalized service, there are some excellent national companies that can handle your New Jersey receivables financing.

I recommend: Commercial Capital LLC has representatives in every state and offers factoring to small and mid-size businesses. It has rates as low as 1.5% and advances as high as 90%. Riviera Finance is a nationwide company with an office in New Jersey. Rivera guarantees 24-hour funding.