How Factoring Works
First Step: Filling Out the Application
Embark on improving your cash flow with an easy-to-complete application. Simply provide us with your business details – a straightforward process aimed at enhancing your financial management.
Required documentation, like an accounts receivable aging report, is crucial in evaluating your customers' financial reliability. This step is about understanding the entire financial landscape of your business relationships.
In this stage, you’ll discuss the specifics of your financial needs. How much do you plan to factor? What rates are you looking for? The terms depend on factors like your industry, business history, and customer credit risk.
The volume of invoices you factor is important. Generally, the higher the volume, the more favorable the terms you can negotiate.
Based on your application, we determine the suitability of factoring for your business. Post-
WE PROVIDE HUNDREDS OF MILLIONS IN CASH EACH YEAR
We relieve your headaches and stress of collecting on accounts receivables.
Most Convenient
You have 24/7 account access 365 days a year.
Always Reachable
When you call, you get to speak to a real live person.
Factoring is great for any business that offers services or delivered goods.
Fast money for businesses that need it
Don't wait long periods for a loan. Many of our factoring deals can take place in as little as 24 to 48 hours. If you need capital right now or are looking to expand then factoring is the way to go. We work on your time instead of you working on a bank's schedule.
MAXIMIZE YOUR TIME BY
MINIMIZING THE COLLECTION PROCESS
If you need cash and you're sitting on a lot of unpaid invoices then factoring with us is the way to go. We'll give you the cash that your business needs and collect from your customers.
NO DEBT - JUST CASH
Debt is risky while at the same time being beneficial to growing a business. Start-ups can relieve themselves of the risk of debt and still create capital with factoring.
CAN'T GET A LOAN
If you're a start-up or your business has a poor history or credit then you can still get the cash that you need. Today's banking atmosphere makes it a challenge for even the most-qualified businesses to get a loan. Factoring takes care of all of that.
HELP SMALLER BUSINESSES WITHOUT THE STAFF
Without a collections department or a small staff, collections often come down to you doing all of the leg work. Our Factoring Service will alleviate that burden and provide the service that you're not equipped to handle.