NerdWallet recently named Riviera Finance as the leading non-recourse factoring company in their 2024 evaluations. NerdWallet is a trusted personal finance resource. This prestigious recognition solidifies Riviera’s position as a top choice for businesses seeking flexible and reliable funding solutions.
What Is Non-Recourse Factoring?
Non-recourse factoring is a financial tool where businesses sell their outstanding invoices to a factoring company (like Riviera) at a discount. The key benefit of non-recourse factoring is that the factoring company assumes the risk of unpaid invoices, providing peace of mind for businesses.
Why Riviera Finance Stands Out
- Speed and Convenience: Riviera Finance offers a streamlined process with funding available within 24 hours for eligible invoices.
- No Long-Term Contracts: Businesses aren’t locked into restrictive contracts or minimum volume requirements.
- High Advance Rates: Riviera offers up to 95% advances on eligible invoices, providing immediate access to much-needed cash flow.
- Industry Expertise: Riviera has extensive experience working with diverse industries, including transportation, staffing, energy, and more.
- Customer Focus: Riviera’s commitment to personalized service and transparent communication sets them apart in the industry.
NerdWallet’s Review
NerdWallet’s recognition highlights Riviera Finance’s ability to provide fast, flexible, and affordable funding to businesses. They specifically mention Riviera’s no-monthly minimum policy, high advance rates, and willingness to work with businesses of all sizes as key strengths.
Who Can Benefit?
Businesses facing cash flow challenges or seeking a more flexible alternative to traditional loans can greatly benefit from Riviera Finance’s non-recourse factoring solutions. If your business struggles with slow-paying customers or seasonal fluctuations, factoring can provide a much-needed boost.
Next Steps
If you’re interested in exploring Riviera Finance’s non-recourse factoring options, complete a contact form or find your nearest location for a free consultation. Their team of experts can guide you through the process and help you determine if factoring is the right fit for your business.
Why Riviera?
Riviera Finance’s recognition by NerdWallet underscores their commitment to providing top-notch financial solutions for businesses. With their focus on speed, flexibility, and customer service, Riviera is a valuable partner for companies seeking to optimize their cash flow and achieve their growth goals.
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
