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Factoring Accounts Receivable Company in Ontario


This company specializes in factoring* accounts receivable. Customers include transportation companies, employment agencies and other companies in need of short term financing. The company is very profitable thanks to its extensive use of technology that reduces the risk of bad debts and its proven debt collection processes.

Because of its focus on its niche market, the company has accumulated deep understanding of its market and has been very successful in achieving steady and profitable growth in the last few years. Current owners are looking for a business savvy company/ individual to acquire this company. Owners will assist during and after the transition period.

*Purchase of a business' accounts receivable at a discount.



Finance

Sales:

$6,000,000

Price and terms terms

Price:

$41,000,000