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More Cash Flow Factoring Information
Setting up a factoring relationship is quick and easy in
comparison to other forms of financing.
Applications simply call for basic company information and a customer
list. Years of profitability are not
required which makes factoring an option for startups generating
receivables. It is possible that funding
can occur in as little as a couple of days after the receipt of the application
and invoices.
Each factor operates slightly different. It is important to understand which
programs provide the greatest benefits
and at the least cost. Several criteria should be addressed when searching for a reputable factor. Are there setup fees, maintenance fees or
penalty fees? Is there a long term contract? Are there monthly minimums? Does
the cash flow factoring company provide credit and collection services at no additional charge? What
accounting reports will the factor supply?
What value-added services does it provide?
Most business bankers are a good referral source for
reputable account receivable factoring companies. Bankers
refer to factors because they realize that although the customer may not be
bankable at the time of the referral, in a short time it could be a viable
candidate for conventional financing. As a short term financing solution,
factoring relationships generally run from 6 months to a couple of years.
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Our customers tell us that our combination of low rates and exceptional service makes us the best choice for cash flow factoring services.
We are a nationwide company offering factoring programs the others can't because of our unique funding capabilities. The others are restricted by their banks on what kind of factoring programs they can offer. We are not restricted!
We have been providing cash flow factoring services
nationwide for decades and have clients in hundreds of industries
When you become our client you will be served by our staff that has an average of 11 years factoring industry experience per account executive. (Well above the cash flow factoring industry norm!)
You will have one dedicated person and his or her assistant who will handle your account. Unlike the others, you don't have to start over each time you call with a new person
Unlike other invoice factoring companies,
our program includes the following features at no additional charge: • 12-24 hour funding on approved invoices • Highest advance rates in the industry • Credit analysis on new and existing customers • Continuous collection management and follow up on factored invoices • Invoice and statement mailing (postage included) • Account status inquiries anytime; 24/7 online account access. • We allow you to electronically submit Invoices • Free credit checking on new customers at no additional cost
Our flexibility allows you to maintain control: • You select accounts you prefer to factor on an invoice by invoice basis. • You control total factoring costs by only factoring on an "as needed" basis.
Up to 97% Cash Flow Factoring Advance Rates: Advance rates are based on overall risk associated with a particular industry as well
as experience and track record. We hold reserve accounts to accommodate industries
which typically experience dilution and that we would otherwise not be able to service.
Advance rates range from 80% to 97% of the gross invoice amount.
Fee Structures: Fees are determined based on your industry, the credit worthiness of your customers,
how quickly your invoices turn, and monthly factoring volume.
GET YOUR CASH TODAY Call our factoring specialists at
1-866-593-2205 or
Email Us or Complete our ONLINE REQUEST FORM
FACTORING HOME PAGE
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