73% of small manufacturers report that slow-paying customers delay their next order or payroll. When a precision parts shop along Kraemer Boulevard waits 60 days for a Fortune 500 aerospace client to settle an invoice, the owner faces a choice: turn down new work or find a way to unlock the cash already earned.
Invoice factoring
Invoice factoring turns your unpaid B2B invoices into immediate cash by selling them to a third-party factoring company at a discount. You receive the majority of the invoice value upfront, often within 24 to 48 hours, while the factor collects payment directly from your customer. Once your customer pays, you receive the remaining balance minus the factoring fee. Unlike a loan, factoring is a sale of an asset you already own, so it does not add debt to your balance sheet and approval hinges on your customers' creditworthiness rather than your own credit score.
Invoice factoring
Placentia's industrial corridor along Melrose Street and Van Buren Street hosts manufacturers, distributors, and logistics firms that invoice corporate clients on net-30 or net-60 terms. When a contract packager ships a pallet of custom displays to a big-box retailer or a metal fabricator delivers components to an automotive supplier, waiting two months for payment can stall the next job. Invoice factoring in Placentia bridges that gap, letting owners pay suppliers, meet payroll, and bid on new contracts without waiting for accounts receivable to clear. The solution fits any business that invoices creditworthy commercial or government customers rather than retail consumers.
Invoice factoring
Lakeridge Business Capital is a licensed commercial-loan broker serving Placentia and nearby communities. We connect you with factoring partners whose terms match your invoice volume, industry, and customer base. A typical scenario: a contract manufacturer near the Placentia Metrolink station lands a six-figure order from a national retailer but lacks the cash to purchase raw materials upfront. We broker a factoring arrangement that advances funds against the purchase order and subsequent invoices, enabling the owner to fulfill the contract and scale production. Because we work as a broker, we compare multiple factoring sources to find the structure that fits your receivables cycle and growth plan.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
