Merchant Factors

Merchant Factors Corp. provides factoring and asset based lending primarily to small and medium-sized companies, and service organizations in the United States. It offers discount, partial, and collection factoring, as well as provides import financing and purchase guarantees. The company provides financial assistance in the form of letters of credit, credit information on customers, customer aging and status, and business advice. Its asset-based lending service provides working capital credit lines for growing companies. The company also provides spot factoring, as well as involves in purchase order financing, and unconventional finance activities. In addition, it offers accounts receivable bookkeeping services, as well as monthly aged accounts receivable reports, including monthly statements. The company provides on-line access to customers. It serves manufacturers, jobbers, converters, importers, service companies, and start-ups in various industries, such as textile, apparel, electronics, giftware, accessories, toys, luggage, furniture, shoes, costume jewelry, linens and bedding, printing, computer consulting, outsourcing, and service. The company was founded in 1985 and is based in New York, New York.