5 things you may not know about BP Financing

March 10, 2021

Running a business is hard. From managing the day-to-day operations to balancing the budget, it’s a stressful job. At BP Financing, we know that sometimes there are a few days between providing services and getting paid for them. This is why we offer factoring services. If you’re familiar with us, you know that this is what we specialize in, but we have five things you might not know about our company.

Dedicated to our customers

We put our customers first. From helping your business grow to individualized customer service, we care about you and what you need from us. Our team understands that your business is what keeps us in business, so meeting your needs is our top priority. We make it a point to provide the best customer service we can to make sure that you and your business have what you need when you need it.

Fast payment

Part of providing top-tier customer service is understanding your needs. We know that when you come to BP Financing, you’re in need of money. That’s fine because that’s why we’re here. We want to help you get the money that you need as fast as possible so you don’t miss out on any bills or operating costs that come while waiting for a client to pay on an invoice. In fact, we can often get you our money within 24 hours, while other factoring companies might take up to a month or more. We understand that most financial issues are time-sensitive, so we’re here to help.

We don’t do loans

Sometimes business owners feel that the only option for a financial bandage is taking out a business loan. Fortunately for you, that’s not true. When you use factoring services with BP Financing, we’re giving you an advance based on up to 95 percent of the dollar amount on outstanding invoices. This means that you’re not incurring any extra debt beyond any that you might already have. Furthermore, you can repay the factored dollar amount without having to worry about payoff fees or penalties.

We offer financial protections

It doesn’t take long to operate a business to learn that not all your customers pay their invoices with the same urgency. Some are like clockwork with payments, while others are a little more spontaneous. This can cause problems when it comes time for you to pay your bill. With factoring from BP Financing, you can feel comfortable knowing that you’re going to have financial protection when money gets tight.

Our process is fast and easy

Getting money with BP Financing is literally as easy as 1, 2, 3. It starts with completing your delivery and verifying all that your paperwork is in order. Then upload your rate confirmation, Bill of Lading, and invoice to the BP Financing portal. Once we confirm your information we’ll deposit the funds into your account the same day. We want to make the process as fast and simple as possible so there’s very little waiting.

Contact BP Financing

If you’d like to learn more about factoring services or need to get in touch with us about getting money fast, please don’t hesitate to contact us. You can give us a call at 845-352-3700 or send us a message using our contact form. The team at BP Financing wants to help you free up your money in hours so you have the funds you need.

5 things you may not know about BP Financing