Accounts Receivable Factoring
No matter how profitable you are on paper, that "paper" can't make payroll. That’s where Accounts Receivable Factoring comes in. You’re able to convert completed sales into immediate cash without borrowing more money or raising capital.
How it works
Accounts Receivable Factoring allows you to increase profitability and gain control of cash flow all while maintaining ownership and control.
You complete a sale and submit an invoice to your customer.
You sell the invoice to Evergreen and receive a cash advance of 80-90% typically within 24 hours.
Your customer pays Evergreen.
We send you the remaining invoice balance minus the factoring fee.
Our management team has over 75 years of experience solving growth problems for businesses.
With an in-house underwriting team, we make decisions efficiently, so your operations run smoothly.
We vet customers, projects and suppliers to keep you safe.
"We were starting to take on bigger projects and needed to finance a lot of the material and work in progress. It was hard for us to keep up with all of the material orders that we needed for all the separate jobs. Evergreen allows us to save our money and use theirs when we need to buy something. When the project pays, they get paid. It's very beneficial. They have been a real pleasure to work with. I would recommend them to anyone."
— John Seebode, Owner of Bayou Granite & Marble in Houma, LA