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More Receivable Factoring Information
What is a receivables factoring advance?
The amount of money you receive immediately when we
buy your invoice. The balance is returned to you when
your customer pays the invoice.
Advances range from 60-95% of the invoice's face value.
For example if the invoice's value is $1,000 an advance
rate of 80% equals $800. The balance of $200 less the
factoring fee is returned to you when your customer pays the invoice.
Comparing Bank Lending Rates to Receivables Factoring?
When compared to bank lending rates, factoring
initially appears to be very expensive. Here are five typical
questions/concerns that are raised by potential receivable factoring clients
Unlike the others
we don't force you into a box
We will tailor our receivable factoring
programs to help you make more cash.
Unlike the others
you get to choose
what works best for you.
We can do this because we have the knowledge,experience,
systems, and
one-of-a-kind financing that is unique in the receivables factoring industry.