Traditional Factoring

Traditional factoring of accounts receivables is also known as non-recourse factoring. In this form of factoring, GMS essentially “buys” your receivables from approved vendors and undertakes any credit risk as well as advancing you funds.

Here’s how it works

Important facts:

  • As little as $10,000 and as high as $25 Million in financing.
  • Up to 90% of the face value of eligible accounts receivables can be advanced to you
  • Advances can be made as often as daily
  • Reporting in web based, so you will have 24/7 access to the status of your accounts.
  • GMS Lending performs customers credit checks, saving you the time, effort and expense

While you concentrate on growing your business, your GMS partner provides the financing and other administrative back-up to enable your to do so.