Invoice Factoring Information
Q:
How much does it cost to Factor Invoices?
A: Our fees are determined by the amount financed,
average invoice size and collection time. All
fees are clearly stated in your agreement; there
are no hidden charges.
Q: What types of receivables can be factored?
A: Just about any verifiable invoice for services
rendered or products delivered, due from a creditworthy
company can be used to factor invoices.
Q: Do we bill on our letterhead or the factor’s
letterhead?
A: You continue to bill your invoice on your company
letterhead, but the payments must be remitted
to our address.
Q: Must I agree to finance a minimum volume
of future receivables?
A: No. Finance as you need it. Stop when you wish
and continue as needed.
Q: What will my customers think?
A: Factoring Invoices is used by many of the largest
corporations in the world. Many of our existing
customers do business with companies such as Exxon,
Mobil, Wal-Mart, General Motors and many Fortune
500 companies. Factoring is a widely accepted
method of business financing and has never created
a problem for any of our customers.
Q: How long does it take to get approved
for Invoice factoring?
A: Once all the information is received, decisions
are made quickly, eliminating long waits for loan
committee approval. The quicker we receive preliminary
information on your company, the quicker we can
submit a proposal for your consideration and help
you start factoring invoices.
Fill out our no obligation
application and let us customize a factoring plan
for you!
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