Business Factoring



 

 

 

 

 

 

 

 

 

 












We Can Offer You What Others Can't

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

Also
•  Personalized Service - you have one dedicated person   and his or her assistant who handle your account.  
  You don't have to start over each time you call
  with a new person
• We are seasoned professionals with an average of 11   years industry experience per account executive   
  (Well above the factoring industry norm)

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% 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
1-866-593-2195
admin@factormoney.com

 On-Line Factoring Request Form

 


Each business invoice factoring company  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 business factoring company.
Are there setup fees, maintenance fees or penalty fees? Is there a long term contract? Are there monthly minimums?
Does the business 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?
invoice factoring company
and account receivable factoring
and accounts receivable financing

Sometimes, business owners cannot afford to wait the usual 30 days that most commercial customers take to pay an invoice.
If this is the case, you might want to consider business factoring as an option. Factoring is a financial tool that is
specifically designed to help you afford to offer credit to your customers.

Business Factoring is a tool that allows a business owner to capitalize on the power of their slow paying invoices.
It allows you to turn your invoices into immediate cash, enabling you to afford late paying customers.
You do this by selling your unpaid invoices from good paying customers to a factoring company.


Also, account receivable factoring companies will only buy invoices if your customers are credit worthy. A customer is
considered credit worthy if a reasonably good payment record exists. Business Factoring companies
can help you evaluate the credit worthiness of existing and new customers, to make sure they meet this criterion.
Many times, a business factoring company can act as the credit department for your business.
This is a critical feature of a good factoring relationship and helps ensure that you only do business with good clients.

With business factoring, your invoices for goods or services rendered to your customers can
be converted into immediate cash to better manage and expand your business. Some of the more
common industries that rely on accounts receivable funding to maintain a steady flow of cash include: