Factoring Edmonton AB

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 Edmonton, AB listed below.

Canadian Western Bank - Edmonton 103Rd Street
(780) 423-8801
10303 Jasper Avenue
Edmonton, AB
Office Hours
Mon - Fri: 8:30 - 4:00

RBC - Main Br - Edmonton
(780) 448-6611
10107 Jasper Ave Nw
Edmonton, AB
Languages
Russian, English, French
Office Hours
Monday: 09:00 - 16:00
Tuesday: 09:00 - 16:00
Wednesday: 09:00 - 16:00
Thursday: 09:00 - 17:00
Friday: 09:00 - 17:00
Saturday: Closed
Sunday: Closed

RBC - Kingsway Mews Branch
(780) 448-6450
10567 Kingsway Ave
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

Scotiabank
(780) 448-7600
10050 Jasper Ave
Edmonton, AB
 
Scotiabank
(780) 448-7735
8108 118Th Avenue Nw
Edmonton, AB
 
Canadian Western Bank - Corporate Office
(780) 423-8888
10303 Jasper Avenue
Edmonton, AB
Office Hours
Mon - Wed, Fri: 9:00 - 4:00
Thursday: 9:00 - 5:00

Scotiabank
(780) 448-7890
10709 Jasper Avenue
Edmonton, AB
 
RBC - Edm-Manulife Place Branch
(780) 448-6680
10180 101 St Nw
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:00 - 16:00
Tuesday: 09:00 - 16:00
Wednesday: 09:00 - 16:00
Thursday: 09:00 - 17:00
Friday: 09:00 - 17:00
Saturday: Closed
Sunday: Closed

RBC - Southgate Shopping Centre Branch
(780) 448-6470
5015 111Th St-Unit 472
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 20:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

Canadian Western Bank - Edmonton Main
(780) 424-4846
11350 Jasper Avenue
Edmonton, AB
Office Hours
Mon - Wed, Fri: 9:00 - 4:00
Thursday: 9:00 - 5:00

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