Factoring Your Accounts Receivables

What is Factoring

Factoring allows a business to use its accounts receivable (invoices) to a finance company.  This is a fast and easy transaction used by business owners to obtain working capital quickly for their business.

How Factoring Works

• You contact us w/ a list of invoices you want to factor.
  • Please choose your BEST clients.  Factoring isn’t based on your or your businesses credit!  Its based on the quality of the invoices you submit.
• For your first factoring deal.  It will take about 72 hours to set up your account and research your client list
• Once we have done the initial set up, the next time you factor a deal it will take about 24 hours to get you the funds!  That fast and simple
• Advance rates range from 75 – 90% of the invoices value depending on:
  • Your customers credit history – how they currently pay their creditors.
  • Your customers industry
• Our company contacts your customers and collects on the invoices when they come due
• Once we have collected on all the invoices we take our fee and release the rest of the funds to you
• Fees are based on your customers credit history and their industry

Our Factoring Program Highlights

• Receive up to 95% of the value of your invoices
• Factoring doesn’t require a personal guarantee
• No term contract. Factor as much or as little as you like
• No liens on corporate assets other than the accounts receivable
• Funding is based on your clients ability to generate eligible sales & not net worth
• It takes up to 3 days to set up your account – after initial set up funding will usually take place 24 hours after you submit your A/R
• We Only Factor Business-to-Business invoices
• Factoring is based on your CLIENT’S credit not yours!