We purchase your unpaid receivables and turn them into immediate cash
We purchase your unpaid receivables and turn them
into immediate cash
We purchase your unpaid receivables and turn them
into immediate cash
Our partners
What is factoring?
What is factoring?
What is factoring?
We provide you with an
advance on the value of your
receivable invoices, tipically
up to 85%. Our team will
manage the collection of
payments and will remit the
remaining balance to you,
minus a small fee, once the
funds are collected.
We provide you with an
advance on the value of your
receivable invoices, typically
up to 85%.
Our team will
manage the collection of
payments and will remit the remaining balance to you,
minus a small fee, once the
funds are collected.
Requirements
Companies with
Companies with
01
Revenues between
$5 million and $50 million.
02
More than
2 years of history.
03
Customers
in the United States.
01
Revenues between
$5 million and $50 million.
02
More than
2 years of history.
03
Customers
in the United States.
01
Revenues between
$5 million and $50 million.
02
More than
2 years of history.
03
Customers
in the United States.
Key industries we tipically fund
Key industries we tipically fund
Distributors and
Wholesalers
Distributors and
Wholesalers
Manufacturers
Manufacturers
Importers and
Exporters
About us
About us
Established in 2016, FINAMCO was founded by banking professionals with extensive industry expertise to provide Asset-Based Lending (ABL) services in Colombia.
Established in 2016, FINAMCO was founded by banking professionals with extensive industry expertise to provide Asset-Based Lending (ABL) services in Colombia.
Since then, we have broadened our portfolio to support businesses of all sizes across the United States, offering customized short-term funding solutions designed to meet their growth objectives.
Since then, we have broadened our portfolio to support businesses of all sizes across the United States, offering customized short-term funding solutions designed to meet their growth objectives.
Client base
Client base
+40M
Assets under
management (AUM)
+40M
Assets under
management (AUM)
+40M
Assets under
management (AUM)
+600M
Invoices purchased
in the last 5 years
+600M
Invoices purchased
in the last 5 years
+600M
Invoices purchased
in the last 5 years
+170M
Invoices purchased
last year
+170M
Invoices purchased
last year
+170M
Invoices purchased
last year
Factoring benefits
Improves cash flow.
Improves cash flow.
Improves cash flow.
Cheaper than a bank loan.
Cheaper than a bank loan.
Cheaper than a bank loan.
Reduces administrative burden by eliminating the need to collect payments
Reduces administrative burden by eliminating the need to collect payments
Reduces administrative burden by eliminating the need to collect payments
Lowers exposure to financial risks from non-payment of bills
Lowers exposure to financial risks from non-payment of bills
Lowers exposure to financial risks from non-payment of bills
The only guarantee required is your invoices; the rest of your assets remain intact.
The only guarantee required is your invoices; the rest of your assets remain intact.
The only guarantee required is your invoices; the rest of your assets remain intact.
Finamco US
Finamco Colombia