Riviera Finance Welcomes 172 New Clients in the 4th quarter of 2012

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Riviera Finance is excited to welcome 172 new clients during the fourth quarter of 2012. Whether you have chosen Riviera Finance because we offer non-recourse factoring, provide the highest advance rates in the industry, offer the most competitive rates, or have been highly referred, we aim to provide you with the best customer service in the industry. Riviera Finance has been dedicated to factoring small businesses over the past 42 years and we understand your cash flow needs.

Here is a sampling of the new companies funded for the quarter.

A $100,000.00 account limit for a security guard service in New York.

A $350,000.00 account limit for an IT consulting company in California.

A $100,000.00 account limit for a staffing company in Texas.

A $250,000.00 account limit for a welding company in North Dakota.

A $100,000.00 account limit for a transportation company in Texas.

A $100,000.00 account limit for architecture company in Illinois.

A $100,000.00 account limit for a cleaning service in Illinois.

A $500,000.00 account limit for an internet sales company in Idaho.

A $100,000.00 account limit for a parts distributor in Connecticut.

A $700,000.00 account limit for a 3rd party logistics company in California.

A $100,000.00 account limit for a trucking company in Ontario, Canada.

A $150,000.00 account limit for a staffing company in Georgia.

A $100,000.00 account limit for a Oil and Gas servicing company in Oklahoma.

Non-recourse Factoring Benefits 11 Riviera Finance Trucking Clients

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11 transportation clients benefited from Riviera Finance’s non-recourse factoring programming when the transportation broker, Eleets Transportation, went out of business. In essence, the non-recourse purchase of the invoices allowed the clients to transfer the credit risk and subsequent credit loss to Riviera Finance.

Often times, the value of non-recourse factoring is under estimated, but when extending credit terms to a customer there becomes a varying degree of credit risk. For a trucking company, the credit risk is often difficult to navigate because most of the arranged freight comes through transportation brokers and it is estimated that there are over 10,000 transportation brokers that exist in North America.

With Riviera Finance’s non-recourse factoring program credit management is not taken for granted, but considered a major component of service. A Riviera Finance client will find unparalleled support in the credit management provided to them, including credit evaluation on the customer, automated credit decisions through Fastcredit, invoice collection, and assumption of credit risk. These are very tangible benefits of Riviera Finance’s non-recourse factoring program that demonstrate a vested interest in the accounts purchased, and also a deep-rooted understanding on how difficult it is for a small business to absorb a credit loss.

Riviera Finance Welcomes 197 New Clients in the Third Quarter of 2012

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Riviera Finance is excited to welcome 197 new clients during the third quarter of 2012. Whether you have chosen Riviera Finance because we offer non-recourse factoring, provide the highest advance rates in the industry, offer the most competitive rates, or came highly referred, we aim to provide you with the best customer service in the industry. Riviera Finance has been dedicated to factoring small businesses over the past 42 years and we understand your cash flow needs.

Here is a sampling of the new companies funded for the quarter.

A $100,000.00 account limit for a security guard service in California.

A $200,000.00 account limit for a furniture wholesaler in North Carolina.

A $120,000.00 account limit for a landscaping services in Florida.

A $250,000.00 account limit for a research company in Ontario, Canada.

A $250,000.00 account limit for a security installation company in Minnesota.

A $500,000.00 account limit for a water hauler in Texas.

A $150,000.00 account limit for a trucker in Illinois.

A $300,000.00 account limit for an automotive supplier in New Jersey.

A $50,000.00 account limit for a maintenance company in Tennessee

A $50,000.00 account limit for an appraisal company in Washington.

Riviera Finance Appearing at South Texas Oilfield Expo

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Riviera Finance will be exhibiting at the South Texas Oilfield Expo this Wednesay and Thursday, September 19 & 20 in Corpus Christi.

Drop by booth #1422 and say hi to Josie Ramirez, Business Development Manager, and Jennifer Whittenburg, Operations for our Houston office.

If you’re interested in attending, be sure to give Josie a call at 800-874-0149 and ask about the free pass to the expo.

Riviera Finance is a key contributor to the growth of the region, providing invoice factoring services to small businesses throughout Texas, including many service providers in the Eagle Ford energy fields.

For more information, visit the expo’s official Web site here: www.southtexasoilfieldexpo.com

We hope you can make it!

Riviera Finance Opens Invoice Factoring Office in Oklahoma City

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Invoice factoring just became easier for entrepreneurs throughout Oklahoma!

Riviera Finance has opened its doors to its newest office, in Oklahoma City:

4334 Northwest Expressway
Suite 242
Oklahoma City, OK 73116
405-286-3466

Riviera has been providing accounts receivable factoring to businesses across U.S. for well over 40 years. Our hallmark is our personalized, face-to-face service, and we’re excited to include Oklahoma City on the growing roster of two dozen cities we call home.

By factoring its invoices, a business can tap into a steady source of cash immediately, providing capital for growth, to meet payroll, or satisfy a host of other needs. Because it’s not a loan, there is no debt incurred, the application process is far faster than with a bank, and even those with less-than-sterling personal credit can often be approved. Plus, Riviera’s nonrecourse factoring program guarantees the credit on the invoices we buy. This allows a business to eliminate bad debt, and use Riviera’s credit database to more carefully choose its clients in the future.

If you’re in the area, stop by the office and meet Jennifer Hughes, our Customer Service Rep and tap into your new cash flow today!