Factoring Coquitlam BC

Factoring is an alternative that businesses use when they need to generate positive cash flow to keep business running without having to take out a business loan. A factoring transaction is basically the sale of accounts receivable invoices at discount. There are three parties involved seller, factor and debtor. Once transaction occurs seller should never collect the payments made by the account debtor because it becomes factor’s responsibility. The receivables invoice is considered a financial asset that goes through a 3-step process; the factor will give seller an advance for invoices, then once debtor pays factor-factor will pay remaining reserve to seller, and lastly factor collects fee from seller. It’s a smart option only to be used when really needed. Here you will find competitive rates for factoring from the invoice factoring companies in Coquitlam, BC listed below.

Scotiabank
(604) 927-7075
2929 Barnet Highway Unit 2308
Coquitlam, BC
 
BMO Bank of Montreal
(604) 665-3716
1-1161 The High St
Coquitlam, BC
Type
Branch with ABM

RBC - Coast Meridian Village Branch
(604) 927-5520
3361 Coast Meridian Rd
Port Coquitlam, BC
Languages
English, French
Office Hours
Monday: -
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 16:00
Friday: 09:30 - 17:00
Saturday: 09:30 - 16:00
Sunday: Closed

Scotiabank
(604) 927-3225
4100 2850 Shaughnessy Street
Port Coquitlam, BC
 
Canadian Western Bank - Coquitlam
(604) 540-8829
101 Schoolhouse Street
Coquitlam, BC
Office Hours
Mon - Fri: 9:00 - 4:30

RBC - Coquitlam Town Centre
(604) 927-5555
2885 Barnet Hwy
Coquitlam, BC
Languages
Farsi, Mandarin Chinese, Yue Chinese (Cantonese), English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 16:00
Friday: 09:30 - 17:00
Saturday: 09:30 - 16:00
Sunday: Closed

RBC - Port Moody Branch
(604) 927-5683
218 Newport Dr
Port Moody, BC
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 16:00
Friday: 09:30 - 17:00
Saturday: 09:30 - 16:00
Sunday: Closed

RBC - Shaughnessy Street Branch
(604) 927-5500
2581 Shaughnessy St
Port Coquitlam, BC
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 16:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

RBC - Como Lake Village Shopping Centre Br
(604) 927-5633
1962 Como Lake Ave
Coquitlam, BC
Languages
English, French
Office Hours
Monday: -
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 16:00
Friday: 09:30 - 17:00
Saturday: 09:30 - 16:00
Sunday: Closed

BMO Bank of Montreal
(604) 665-3740
1025 Austin Ave
Coquitlam, BC
Type
Branch with ABM

Home | About | Contact | Register Your Company