Factoring Québec QC

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 Québec, QC listed below.

Scotiabank
(418) 691-2600
900 Boul Rene Levesque Est, Suite 100
Quebec, QC
 
BMO Bank of Montreal
(418) 688-5800
1375 Ch. Ste-Foy
Quebec, QC
Type
Branch with ABM

RBC - St Patrick Branch
(418) 648-6894
140 Grande Allee East-Suite 100
Quebec, QC
Languages
French, English
Office Hours
Monday: 09:30 - 15:00
Tuesday: 09:30 - 15:00
Wednesday: 09:30 - 15:00
Thursday: 09:30 - 16:30
Friday: 09:30 - 16:30
Saturday: Closed
Sunday: Closed

BMO Bank of Montreal
(418) 577-1848
1660 Jules-Verne Ave
Quebec, QC
Type
Branch with ABM

Scotiabank
(418) 626-4015
5580, Boul. Des Gradins
Quebec, QC
 
RBC - Quebec City Main Branch
(418) 692-6800
700 Place D'Youville
Quebec, QC
Languages
French, English
Office Hours
Monday: 09:30 - 15:00
Tuesday: 09:30 - 15:00
Wednesday: 09:30 - 15:00
Thursday: 09:30 - 16:30
Friday: 09:30 - 16:30
Saturday: Closed
Sunday: Closed

BMO Bank of Montreal
(418) 692-2500
500 Grande Allee Est
Quebec, QC
Type
Branch with ABM

RBC - Levis Branch
(418) 838-3640
5415 De La Rive Sud Boulevard
Levis, QC
Languages
English, French
Office Hours
Monday: 10:00 - 15:00
Tuesday: 10:00 - 15:00
Wednesday: 10:00 - 15:00
Thursday: 10:00 - 19:00
Friday: 10:00 - 16:00
Saturday: Closed
Sunday: Closed

RBC - Place Seigneuriale Branch
(418) 821-6800
490 Cambronne St
Quebec, QC
Languages
English, French
Office Hours
Monday: 10:00 - 15:00
Tuesday: 10:00 - 15:00
Wednesday: 10:00 - 15:00
Thursday: 10:00 - 19:00
Friday: 10:00 - 16:30
Saturday: Closed
Sunday: Closed

BMO Bank of Montreal
(418) 838-1600
44 Route Du President-Kennedy
Levis, QC
Type
Branch with ABM

Home | About | Contact | Register Your Company