Is Alliance One the right for you?

Alliance One is a privately held factoring company that has been servicing small to mid-size businesses for over 40 years.  As an independent operator, they are able to customize their accounts receivable financing program to the specific needs of their clients.  Factoring with Alliance One is the perfect solution for businesses looking to increase cash flow, capitalize on opportunities for growth, reduce operating expenses, improve credit, and maintain a stronger balance sheet.  Industries that they work with include:  Advertising, Glass, B2B, Carpet Cleaners, , Distributors, Exterminator and Pest Control, Freight and , Importers, Janitorial and Maintenance, , Oil Field, Packaging, Service, , Suppliers, Vineyards and Wineries, Web Service, Wholesalers, and Window Washers.

They are proud affiliates of the Hauppauge Industrial Association of Long Island, Dunn & Bradstreet, and the International Factoring Association.

About Alliance One Factoring Program

Alliance One offers 24 hour funding, flexible terms, competitive rates and an easy .  Only one invoice is required to be factored every 60 days, no matter the amount.  The average advance is 80% – 90% and fees are based on a flat rate or tiered fee structure.   The expert staff at Alliance One will work with their clients to determine the best fee structure available.  Fees are determined by the dollar amount being factored, the number of customers and their , the average invoice amount, timeframe for payment, and the nature of the industry.

Their flat-fee rate ranges from 2% – 3% of the invoice amount for the first 30 days.  Thereafter, it increases 1% every 10 days.  The tiered fee is based on blocks of days it takes for collection.  A 10-day block for payment results in a .75% – 1% rate and a 15-day block ranges from 1.25% – 1.5%.  As a non-recourse lender, Alliance One insures all invoices and assumes all of the risk associated with collection.

Comments are closed

Alliance One Location

888 Veterans Memorial Highway, Suite 240
Hauppauge, NY 11788
Other Factoring Companies in New York