Check local factoring companies in NY to receive the personal touch

Use local factoring companies. New York based companies will provide more personalized service than national companies. Working with New York City (NYC) factoring companies can give a boost to the city's economy, which can be especially helpful if you are located in NYC.

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. Platinum Finding Group is a New York invoice factoring company that is located in Manhattan.

Look for reliable online factoring companies that can handle your factoring New York business

When looking at online factoring companies you need to look at their history and the ease of approval by the factoring company. Also, take into consideration the rates the company charges for handling your New York 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 York invoice factoring

Even though local factoring companies in New York are likely to provide more personalized service, there are some excellent national companies that can handle factoring New York businesses.

I recommend: ONAN Commercial Lending is a division of ONAN Capital Holdings, Inc and provides financing to small and medium sized businesses nationwide. Ciena Capital, formerly BMX, is a nationwide, New York based financing expert specializing in commercial real estate, with factoring capabilities to serve your needs.