Franklin Capital Corporation
Factoring is the sale of a company′s accounts receivable invoices, at a discount, to a factor for immediate cash. These invoices are due to be paid at some future date. Instead of your business waiting for these invoices to be paid, the factor pays you for the invoices immediately and then receives payment from your customer(s) when they pay their invoices. Franklin’s unique CAPS program allows banks to enter the asset based financing market with minimum risk and maximum return. This program is unequaled and provides the bank with an easy, simple and certain exit strategy whenever the bank wishes. Click on the “For Banks” link to learn more.