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About

Since inception, Beacon Factors
has been focused on providing financial foundations to growing companies.

Beacon Factors is a commercial finance company providing working capital loans to importers and distributors of consumer products.  We service a wide range of industries including apparel, home furnishings, shoes, luggage, and consumer electronics.

 

Our factoring products include credit coverage, collections of accounts receivables, advances against accounts receivables, and bookkeeping services.  We provide our clients with the ability to outsource their accounts receivable departments so that they can focus on growing their businesses.  We finance small to mid-size companies as well as startups. 

The credit and collections departments that we utilize handle a multi-billion dollar portfolio, enabling them to obtain the necessary credit information and to collect promptly.  Our management team has many years of factoring experience advising clients how to grow and succeed.

Michael Backenroth
CEO

Michael Backenroth has almost a decade of experience in factoring and finance.  Prior to founding Beacon Factors, he served as a Vice President at Capital Business Credit.  Mr. Backenroth is a graduate of Fairleigh Dickenson University, and holds an MBA in Finance.

 

At Beacon Factors, Mr. Backenroth provides his clients with unparalleled personalized service.  He has much experience working with importers of apparel, home furnishings, and other consumer products. He develops strong relationships with his clients, as well as an intricate knowledge of their businesses.  He spends a considerable amount of time consulting, and guiding his clients as their businesses and financial requirements grow.  

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© 2015 by Beacon Factors.

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