The Three Most Important Financial Statements for Businesses
Financial statements reveal the overall condition of your business. They also point out its strengths and weaknesses. There…
Boston, Massachusetts
Invoice Factoring Office
Financing solutions tailored to your cash flow needs. We provide receivable-based funding solutions that get you paid faster in Boston.
The Riviera Finance Boston office provides financing solutions and invoice factoring services to companies in Boston, Massachusetts.
Unlock Capital for Business Growth
Riviera Finance provides working capital solutions to support your business in financing growth initiatives or managing daily operational expenses in Boston, Massachusetts. Our team is ready to quickly assist you with the following range:
Local New Business Support Team
The Riviera Advantage
Non-Recourse
We take the credit risk on all the invoices we factor
Flexible
You select which invoices to factor
Personal Service
Dedicated account team with direct contact
Get Started
Complete the form for a Free Consultation.
Boston, MA Invoice Factoring Resources
Invoice factoring is an alternative financing method in which businesses sell outstanding customer invoices to a third party company, known as a factoring company, in exchange for a cash advance. Invoice factoring helps businesses turn unpaid invoices into working capital and boost cash flow in as little as 24 hours. Here are some resources to help you better understand invoice factoring, how it works and determine if it’s a good solution for your Boston business.
Recent Businesses Served
MASSACHUSETTS
Healthcare Staffing
Factoring Line
$125,000
Healthcare Staffing – Massachusetts
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This staffing company was financing their accounts receivable with another factoring company, but looking for a higher advance rate and more competitive terms, such as no minimum monthly fees. The company added five more medical centers to their list of customers this month and would have had trouble meeting payroll without a higher advance rate. Riviera was able to meet their needs and buy out the other factoring company, providing a smooth transition.
MARYLAND
IT Staffing Company
Factoring Line
$150,000
IT Staffing Company – Maryland
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Growing IT Staffing Company won a bid with a government agency to provide temp placements and quickly doubled their size and payroll. They needed increased cash flow to meet their weekly payroll as they waited to be paid from their clients. The company reached out to Riviera Finance and expressed their need for immediate capital. Riviera Finance completed the application approval, verification and funding process quickly & seamlessly and the company was able to meet their payroll deadline.
The company is now pursuing larger projects, now that they have Riviera Finance in place to provide working capital to support their growth.
NEW YORK
Security Guard Company
Factoring Line
$1,600,000
Security Guard Company – New York
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This well established, family owned security guard company obtained a large purchase order with a major firm for their services. However, they were already completely using up two existing credit lines with large banks in New York. They began to search for an alternative source of lending so that they would not have to turn down this opportunity. After being approved by another lender who was slow to fund them, they called Riviera. We approved the deal, paid off both lines of credit, which totaled over $1.6 million and funded them in only nine working days! Now the client is consistently and easily making payroll with their advance of 90+%. With the help of our Online Account Management Program (a free service we provide to all of our clients), they can now retrieve the status of their 1000+ invoices online. The family is now able to focus on their treasured security business and can leave all the troublesome and tedious accounting to Riviera. After all, it’s what we do best!
Our Process
STEP 1
Apply
Complete form & become a Riviera client
STEP 2
Service
You deliver your products or services
STEP 3
Send
Send your invoices to Riviera Finance
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