Frequently Asked Questions

FAQ

Frequently asked questions

The factoring process is pretty straightforward:

  1. Submit unpaid invoices for work completed
  2. We verify invoices and advance you the funds (up to 95% of the invoice amount) within 24 hours
  3. We then collect payment from your customer according to your payment terms
  4. When payment is received, we release the remainder of the invoice amount, minus a small factoring fee

With the necessary documents, we can set up your account in as little as 1 to 3 business days.

Invoice factoring allows businesses to secure next-day, or even same-day, funding. Instead of waiting 30, 60, or even 90 days to receive payment from customers, businesses can factor their invoices and have cash in their business’ bank account in as little as 24 hours.

No. We understand that some customers pay faster than others. You have the ability to choose which clients to factor when you need to factor.

There are no maximum amounts to funding. Factoring grows with your business. If you have the invoices, funds are available.

Many businesses choose to factor over traditional lending because it’s easy, flexible and fast. No additional debt is added to your balance sheet and helps speed up your cash flow from slow-paying clients.

Yes. In addition to invoice factoring, we provide PO Financing, equipment financing, unsecured business loans and asset-based lending.

Get Your Invoices Paid In Days