You get immediate cash to: • Meet payroll • Pay taxes • Purchase inventory • Pay your suppliers
Benefits of Factoring
• Quick and easy to qualify • Fast access to cash when you need it • No restrictions on use of funds • Credit line expands with your business • Ideal for all sizes of companies • Improves your balance sheet
FAQs - Frequently Asked Questions Can I qualify? Almost any business that has commercial Accounts Receivable can qualify. We fund all industries including construction, medical and legal.
What if I have been turned down by my bank? Factoring was created to help companies just like you. Your financials do not determine if you qualify. Just as long as you have customers that pay their bills, you can get financing.
How long does it take to get the money? Most accounts get initial funding within one week. Subsequent financing is usually available within 24 hours.
How much money can I get? You can get up to 80% of your qualifying receivables. As your business grows so does your ability to get cash, without limit.
Is there any mimimum monthly requirement or fees. Most of our programs have no mimimums. You are charged only for the money that you are advanced.
What is the interest rate? You will be charged a discount fee similar to accepting a credit card. Fees are determined by the amount of financing and length of time until payment is made by your customer. Exact fees will be quoted to you upon receipt of application.