DSA Factors

Chicago Based Accounts Receivable Factoring Company

There are a lot of factoring companies out there, and while most companies work nationwide, having a local partner in Chicago to factor your accounts receivable can be a huge advantage. DSA Factors has been located right here in Chicago, Illinois near the corner of Belmont, Lincoln, and Ashland ever since we became incorporated back in 1964.

While we do work nationwide, our clients located here in Chicago and the surrounding suburbs get the added benefit of being able to stop in our office and speak with us face to face. As a result we are able to provide an exceptional level of service and come up with creative solutions for our Chicago based clients.

Since we live, work, and play here in Chicago, we understand what Chicago is all about. Whether you are located on the North Side, South Side, or West Side, out by O'Hare in Bensenville and Elk Grove Village, on the North Shore, the Northwest suburbs such as Schaumburg or Arlington Heights, the Western suburbs such as Oakbrook or Naperville, the South suburbs, or Northwest Indiana, DSA Factors has the knowledge and experience to help you grow your business.

You live in a world class city, you should work with a world class factoring company. Make DSA Factors your Chicago accounts receivable factoring partner and watch your business grow.

Member of the Lakeview Chamber of Commerce, Chicago, Illinois

A Chicago Success Story

Over twenty years ago we happened to meet a fairly new furniture company on Chicago's South Side. At the time they were selling to a few interior decorators, but there business was starting to grow and they were in need of improved cash flow so they started working with DSA Factors.

Thanks to DSA's accounts receivable factoring program, they had no problem as they started to receive larger orders and new accounts. They also started to expand beyond the realm of interior designers and started selling to furniture stores as well, but with DSA's help they never had to worry about how they were going to be able to fulfill their next order.

As the years went by and they continued to grow they eventually had to move into larger warehouses. They also started getting large orders from hotels such as Marriott and Hyatt.

Sometimes, even with DSA giving them an advance on their receivables, they found that they didn't always have enough funds to fulfill a large order so DSA would help them out by providing them with purchase order financing as well.

They started attending more and more trade shows, not just in Chicago, but all across the country and overseas, and the orders kept coming in and they started becoming more and more well known. In fact, you've probably even seen many of their products in decorative displays along Michigan Avenue.

DSA Factors continues to help them grow even today. Ten years ago they were doing a little less than $1,000,000 a year. Today they do well over $2,000,000 every year and their sales volume continues to grow. DSA Factors is proud that we have been able to help them out for over twenty years right here in our home town of Chicago.

Are you DSA's next Chicago success story?

DSA Factors has always had a strong commitment to helping grow Chicago businesses. We are a proud member of the Lakeview Chamber of Commerce, and have been at our Lincoln Ave location since 1955 when we opened our first business Richard's Furniture. Richard's Furniture was closed many years ago, but DSA Factors is still run today in the same building that Richard's Furniture built as an annex to their store.

Whether you've been in Chicago as long as we have, or you are just starting out, let us help you grow your business. We have the experience and knowledge, as well as the funds that you need to grow your business.

Even though DSA is a nationwide factoring company, we have more clients located here in Chicago, Illinois than anywhere else in the country. As a result we factor for a very wide range of industries here in the Chicagoland area. These industries include furniture, textiles, lighting, flooring, giftware, food, marketing, consulting, accounting, staffing, construction, and more.

Whatever your industry is, if you have receivables we can help. While we may not be the only factoring company out there, we are your local Chicago accounts receivable factoring company, and we guarantee you that the service you will receive from us will be second to none.

Over 60 Years Doing Business in Chicago

In 1955 our founder, Richard Peck, opened Richard's Furniture on Lincoln Ave in Chicago, Illinois. For over 40 years Richard's Furniture sold everything you would need for your home, couches, dinette sets, bedroom sets, mattresses, carpet, lighting, wall decor, appliances, TVs, and much more.

In 1964 DSA Finance Corporation, now known as DSA Factors, was incorporated to offer financing to customers who shopped at Richard's Furniture. In 1986, DSA started offering a commercial accounts receivable factoring program for some of Richard's Furniture's vendors.

Over the years DSA Factors started picking up more clients in the furniture and mattress industries. In 1998 the decision was made to close Richard's Furniture so that we can focus fully on the accounts receivable factoring business. Today DSA Factors is still located in one of the two buildings that had originally been Richard's Furniture.

DSA Factors is a member of the Lakeview Chamber of Commerce, and is very proud of our Chicago roots.

Richard's Furniture

Why use a Chicago Accounts Receivable Factoring Company?

As a Chicago accounts receivable factoring company, DSA Factors can offer you flexibility that other factoring companies aren't able to provide:

  • You can stop by our office any time and speak with us face to face.
  • As a local partner we are able to develop a much more personal relationship with you and your company.
  • We can offer you creative solutions that you can only get from a Chicago accounts receivable factoring company.

DSA Factors is a family owned and operated business here in Chicago, working with us is like working with a neighbor:

  • With DSA Factors you can always speak with a principal, we will never hand you over to an account manager.
  • When you work with us you are supporting two Chicago based businesses, both your business and our business, and supporting our local economy.
  • We recognize that your company is unique and important to you, and will treat you accordingly.

Contact Us Today

DSA Factors - Money to Make Your Company Grow!

PO Box 577520
Chicago, IL 60657

 773-248-9000

 773-248-9005

 info@dsafactors.com

 

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DSA Factors
International Factoring Association