Frequently Asked Questions

Factoring is a financial service where your business sells its invoices to a factoring company at a discount. This provides you with immediate cash, improving cash flow without incurring debt.

Basic Company Information: Name, Address, Industry, and Amount of Sales looking to Factor (can be an estimate). We will reach out to gather more detailed information once we receive the initial application.

There are no credit requirements to have your invoices factored. We check your customer's credit to determine whether we can factor a(n) invoice(s) or not.

No, just send us the same invoices you send to your customers.

Unlike a loan, factoring does not create debt or require collateral in the traditional sense. It's the sale of your accounts receivable for immediate cash, making it a quicker and often more accessible financing option.

Factoring provides rapid access to cash, doesn't add debt to your balance sheet, and the approval process is often faster and less stringent. It's an excellent option for businesses looking to quickly boost cash flow and for those that might not qualify for traditional bank loans due to size, credit history, or other reasons.