Yes, factoring invoices is a good idea for some businesses, and sometimes this is the only suitable option to get appropriate business funding. Specifically for many companies in the temporary staffing industry, allowing them to access up to 90-95% of their account receivables.

There are NO upfront application fees of any type. For certain loan types, there may be associated origination fees which would be properly disclosed on a contract and only deducted after funding.

GGet started requesting Your FREE Business Funding Plan or scheduling NO Obligation Call with Funding Advisor Today! After identifying the best funding and credit options that are specific for your current business situation and receiving necessary documents (in most cases it is a one-pager loan application, 3-6 last months of business bank statements, consolidated FICO report), you will get funding offer(s), usually within 24hr-48hr (depends on funding solution)

BBeing entrepreneurs we understand importance of having appropriate financial support in right time for your business. We tirelessly work on maintaining and growing our financial solutions portfolio to provide you with short and long term funding and fill you with confidence in your present and future business operations.

We offer creative financial programs with significantly lower approval requirements compared with traditional bank loans, so our funding solutions are the fastest and easiest way to obtain the capital you need.

UUsually approval takes up to 48 hours. Approval time may vary depending on requested product, how quickly you provided required supporting documents and information, and amount of funding being requested. We value your time and vigorously requiring our lending partners to maintain fast and common-sense underwriting process.

The factoring underwriter makes sure that the account receivable is going to be paid. Then, typically 90-95% of the total value of the invoices is transferred to the business. The remaining amount of 5-10% is held in a reserve account awaiting payment of invoices. Once invoices are paid, the funding fee is deducted from the remaining 5-10%, and the rest becomes available for business too. Then the same process is repeated with a weekly or biweekly routine. The funding company typically receives somewhere between 2-3% for provided services.

Get started requesting Your FREE Business Funding Plan or scheduling NO Obligation Call with Funding Advisor Today!

Companies with significant amounts of account receivables like temporary staffing companies or businesses with clients who pay for their products or services on 30, 60, or 90-day terms usually use invoice factoring to get immediate access to funds they are waiting on.

EEach business is unique as well as your financial situation. That is why we work with multiple leading financial institutions to accommodate various scenarios and help small businesses to get support they need. Your dedicated advisor will go with you all the way to find the best possible solution for you and your business.

IIn our portfolio we have a seasoned lenders to finance a wide spectrum of industry groups in a variety of sectors from Dry Cleaners to Aerospace.

Though there may be some restricted industry types for specific financial product requested

Invoice factoring is for any industry where products or services are provided by businesses but are waiting to get paid later.

YYour dedicated advisor will work with you to better understand your business needs (short term and long term). You will review provided funding options to determine which financing solution best suits your current business needs and make a final decision which one to take.

Get started requesting Your FREE Business Funding Plan or scheduling NO Obligation Call with Funding Advisor Today!