Application Tips

Factoring Applications – The Two Most Important Things

Although the factoring application process varies by factoring company, two things always happen early in the application process. First, the factoring company requests a copy of your most recent Accounts Receivable Aging Report (A/R Aging). Second, the factoring company performs a preliminary Uniform Commercial Code (UCC) search in your business. Arguably, these are the two most important preliminary resources that factoring […]