Frequently Asked Questions

The Invoice Verification Process

Most factoring companies verify your invoices before giving you the advance. They verify an invoice in order to be certain that the invoice is accurate and does not have any problems. This process helps prevent accidental over-financing or financing invoices that have disputes. Most factoring companies verify the following information: That the product/service was delivered That the product/service […]

The Due Diligence Process in Factoring

Due diligence is the process of reviewing a client’s information to determine if they are a good candidate for factoring financing. One of the advantages of factoring is that the due diligence process is simpler and faster than the process for other solutions. This article covers: Basic due diligence How are accounts receivable secured? Contract […]