Bankers Partner with Integrity Factoring to Boost Customer Retention
In Banking, we know that customer retention is everything. We also know that having to turn a potential borrower down with a firm “No” can be frustrating to both you and the borrower. That’s why you should consider partnering with Integrity Factoring to help companies in need of increased working capital.
Oftentimes A/R financing is a viable option of funding a business that is not eligible for a bank loan or line of credit. However, most banks lack the staffing to provide it as an option to their clients, and so must turn the potential borrower away. When you partner with Integrity Factoring, however, instead of leaving your potential customer with a firm “No” you can instead offer them the alternative solution of factoring with us.
Far from giving a customer away, referring your applicant to Integrity Factoring solves their funding problem; building a relationship with that business that will help you retain them in the future. In addition, a factoring company like Integrity helps a business grow, which over time will allow them to meet the capital, credit, and equity requirements of a bank loan or line of credit.
So, if you are tired of having to turn businesses away without funding or want a way to incubate potential borrowers into high-quality loan customers, consider partnering with Integrity Factoring.