Our Rating: 4.5/5
Elite factoring is an asset-based lender located in St. Louis, Missouri. They fund a wide range of industries in the area and throughout the country. Their factoring covers companies with $100,000 up to $2 Million in receivables, but they also provide both commercial and fix-and-flip loans.
What You Should Know
Elite factoring has strong financial backing for its loans and factoring services. They customize programs for each customer using competitive rates and loan terms of 36 to 300 months. They don’t do forced factoring, which means you get to decide which client invoices you factor and which you don’t. They are a good choice for larger companies across the nation.