Latest from Milberg Factors
Focused on the Health of Your Business
A LENDING APPROACH THAT GOES WELL BEYOND THE STATUS QUO
Milberg Factors provides funding solutions that focus on business performance not just a borrowing base.
Turnarounds Don’t Turn Us Off
Where Other Lenders May Avoid Turnarounds, We See Them as Great Opportunities
Unlike traditional lenders, Milberg Factors, Inc. takes great pride in helping businesses that have hit a rough patch regain their financial footing.
An Extra Layer of Protection for Banks
How Banks and Bank Groups Can Safeguard Their Collateral
Milberg Provides Just the Right Fit for Shoe Importer
A shoe importer was happy with their sales and marketing team and didn’t require funding for cash flow. However, they were unhappy with the lack of credit coverage on receivables. The client didn’t have a credit manager or any personnel in place to follow up on customer collections, and processing customer payments was time consuming. In addition, they were selling all their customers on various terms without investigating whether they were good or bad credit risks.
Non-Notification Factoring Agreement
Milberg Fashions a Credit Solution for Accessories Manufacturer
An accessory importer had a credit insurance policy in place but could not get its toughest customers credit approved. They required credit coverage that a Factor could provide, but did not want to give up handling collections and check processing.