Bankers Factoring Launches as Employee-Owned A/R Factoring Company

Bankers Factoring, an employee-owned accounts receivable factoring company, has begun funding not yet bankable entrepreneurs throughout the United States with non-recourse invoice factoring and purchase order financing.

The company is led by industry veteran Chris Curtin, the former president and minority owner of Paragon Financial Group (now part of eCapital) and one of three founders of Bankers Mutual Capital.

"The key part of Bankers Factoring is that we are an employee-owned factoring company from day one,” Cutrin says. “All our people either are owners or ownership is their ultimate goal. Most importantly, our people always have a choice. At Bankers Factoring, we remind each other that we always have a choice. Whether it is about expanding to new markets, merging with another factoring company that fits our culture or changing the way we do business, we always have a choice. Instead of accepting the circumstances as inevitable, our owner-employees make choices that hopefully will help us thrive in the marketplace. As we grow, we hope other factoring professionals with an entrepreneurial spirit will join the owner-employees of Bankers Factoring as we build something special that is so much more than just a cluster of [nine-to-five] accounts receivable factoring jobs."