August 1, 2019
Can I qualify?
Almost any business that has unencumbered, 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 minimum monthly requirement or fees.
Most of our programs have no minimums. 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.
What if I have foreign customers?
We have lenders that specialize in international transactions. If they are established companies with a good credit history, these receivables can usually be factored.