Instant Factoring Quote

As low as 1.5%

Services: Accounts Receivable Factoring

Can’t afford to wait up to 60 days to get paid by your customers? Waiting for clients to pay can be challenging, especially if your business is growing quickly or if you are a start-up.

Our program finances your slow-paying receivables and provides you with immediate working capital. This solution allows you to pay employees and suppliers, and grow your business.

We offer competitive receivables factoring rates, high advances, and competitive terms. For an instant quote, please fill out this form. To speak with an expert, call us toll-free at (877) 300 3258.

Program benefits

Financing your receivables has a number of benefits, including:

  • No need to wait 30 to 60 days to get paid by clients
  • Accelerated cash flow
  • Flexibility – the line grows with your business
  • Lets you offer payment terms with confidence
  • Easy qualification
  • Quick deployment

How does receivables factoring work?

Transactions are fairly simple and can work well for most companies. We usually finance receivables in two installments: the advance and the rebate.

The advance is deposited to your account as soon as you invoice your client. Advances range from 80% to 95%, depending on the industry. Once your customer pays on their usual schedule, we settle the transaction and deposit the rebate to your account. The rebate covers the 5% to 20% that was not originally advanced, less the financing fee.

For more information, read “How do Factoring Companies Buy Accounts Receivable?

Costs

Cost vary based on the size of your financing line, the credit quality of your invoices, and your industry. Rates average from 1.5% to 3% per 30 days.

For an instant quote, please fill out this form. To speak with an expert, call us toll-free at (877) 300 3258.

Do you qualify?

Our financing program is easy to obtain and can be used by either start-ups or established companies. The main requirement is that you do business with creditworthy customers who pay invoices reliably in 15 to 60 days.

Additionally:

  • Your receivables must be free of liens
  • Your company must be relatively free of tax/legal problems
  • Company owners must have industry experience

Need more information?

Are you evaluating accounts receivable factoring companies? We would like to help you make an educated decision. We have additional information in our resource center and in our blog. Popular articles include: