What Is Factoring+?
ei Funding’s Factoring+ is a proprietary financing tool pioneered by ei Funding, where we purchase specific revenue-generating assets (equipment, machinery, tools, etc.) for a business in order to promote more growth.
What’s unique about ei Funding’s Factoring+ is that it uses the rebates resulting from the revenue of the newly acquired equipment to pay down the loan on the asset. This reduces the payment period, compressing the time it takes to pay off the loan, and ultimately, own the piece of equipment or machinery that was purchased.
Benefits of ei Funding’s Factoring+
ei Funding’s Factoring+ uses the rebates from factored invoices to pay for equipment, tools, machinery and other revenue-generating assets, and by doing so, dramatically reduces the overall pay-off period for that piece of equipment or machinery.
The benefits to your small- or medium-sized business of using ei Funding’s Factoring+ for purchasing equipment and machinery include:
Additional Revenue
It drives additional revenue for your business (from the newly purchased revenue-generating asset).
Differentiation
It provides differentiation and competitive positioning for your Company on new and current jobs — new equipment sets your Company apart from the competition when bidding on projects.
Excitement
It creates excitement — new equipment inspires and motivates you and your employees to want to produce more and grow your business even further.
Profitability
It drives more profitability for your business, as new equipment and machinery typically translate to more production at even lower costs.
Accelerated Payback Periods
It accelerates the payback period, driving faster ownership and thereby reducing your business’s debt levels.
Who Can Benefit from Factoring+?
ei Funding’s Factoring+ can benefit any small to mid-size company that needs new equipment, supplies or machinery to grow, including industries such as:
- Telecommunications
- Healthcare
- Construction and Building
- Leisure and Hospitality
- Food and Beverage
- Manufacturing
- Agriculture
- Transportation
- Warehousing and Storage
“Ernane has helped me every step of the way with capital for my business… He’s just someone I want to do business with.”
Cesar Hernandez
Managing Director, Omni Public
Why Choose ei Funding?
As your trusted factoring company, we are always looking for exciting ways to expand our offerings. ei Funding’s Factoring+ is our newest way to help you scale up faster. Our success depends on your success — and we want to give you the tools you need to grow. Our financial advisory services can help your company manage its debt, ensure cash flow and get the equipment you need — all so your business can keep growing steadily and profitably.
Client Testimonials
Hear It From Our Valued Customers
We were able to establish a rapid and ready turnaround
Before we started working with Ernane, it was horrible. It was hard to get invoices on time and correctly and there was just no feedback from our bigger clients.
Once we started working with him, we were able to establish a rapid and ready turnaround. I had the funds available when I needed it and a faster turnaround in payment to our contractors.
Manny Ramirez
R&R Texram LLC
This is one of the best funding companies
If we didn’t go through Ernane, we would have had to wait 30 days before our first check came. After we started working with him, we were able to pay our employees on a regular basis. Otherwise, we would have had to have them wait.
Sylvia Troyer
Office Manager, Blueintegration, LLC
It’s been a real game-changer
We’ve worked with Ernane since last Spring. He’s helped us immensely as far as our cash flow. It’s been a real game-changer, honestly. He’s been keeping things going for us. I wish we had known about Ernane sooner in our business cycle, it would have been really helpful.
Tarek Kanaan
Unity Vibrations Kombucha
Ernane has helped me every step of the way with capital for my business!
When I first started working with Ernane, I had the concept for my business and a really strong pipeline, but I was in a really delicate balancing act between accounts payable and accounts receivable, operations costs and cash flow. He’s just someone I want to do business with.
Cesar Hernandez
Managing Director, Omni Public
I have no words to describe how much he’s helped me and how he’s helping my business grow
If it wasn’t for Ernane, I’m not sure where I’d be right now with my business. He’s on top of everything. I can hire more technicians now and I’ve grown the business by about 20 percent.
James Quiles
Owner, A&J Telecommunications, LLC
Factoring+ Frequently Asked Questions
ei Funding’s Factoring+ allows your business to easily acquire additional new or used equipment and machinery. This, in turn, helps you produce more revenue for your business.
More equipment and machinery typically drive additional invoicing and revenue for your business. Using ei Funding’s Factoring+ can provide a competitive advantage for your business, setting it apart from others with newer and more productive equipment and machinery. The rebates from your equipment’s factored invoices are used to pay them off. This results in a shortened payback timeframe, driving faster ownership and decreasing your Company’s overall debt load.
If you’re looking to drive more invoices and more money to your small and growing business, Factoring+ can help get you there faster. Complete our questionnaire today to learn more about how the resources of ei Funding’s Factoring+ financing service will help your business.
