Factors Western Inc., an Industry leader in providing factoring and related financial services to Western Canadian business since 1985, is pleased to enthusiastically announce our new business development partnership with David Heier and his group at Thunder City Power & Leisure Ltd. As our representative in Saskatchewan and Manitoba, David and TC will provide the full range of financial products typically offered by FW to business across Western Canada, and beyond.
Through his many business ventures, David has provided a host of products and services to numerous small and medium sized businesses in Estevan and throughout the Province of Saskatchewan, and is widely known for his broad experience in servicing the needs of the oil and gas industry. He looks forward to adding the financial arm provided by FW.
WELCOME TO FACTORS WESTERN
Established in 1985 in Calgary, Factors Western has helped companies from almost every industry with their cash flow needs and given companies the opportunities to increase their business. Factors Western can help your business to:
- Convert Your Receivables to Cash
- Create Reliable Cash Flow
- Increase Your Business
- Meet Growing Cash Flow Needs
Contact: Dave Heier
Areas of Focus: Oil & Gas, Service Industries, Transportation, Start-ups, Fast Growing Companies, and Expansion Plans
“Factoring” is the process of converting business accounts receivable to cash, facilitating continued and stable growth, and improved efficiency of the business by creating more productive positive time for owners to better manage their companies. Factoring is not a loan, but rather the discounted sale of an asset (receivable) for immediate cash. Invoices are purchased based on the “credit worthiness” of the payer, as opposed to the more conventional lending method of evaluating the credit and security of the client.