We Can Offer You
What Others Can't
Unlike other invoice factoring
services companies, our program includes the following features at no additional
charge:
12-24 hour funding on approved
invoices
Highest advance rates in the industry
Credit analysis on new
and existing customers
Continuous collection management and follow up on
factored invoices
Invoice and statement mailing (postage included)
Account status inquiries anytime;
24/7 online account
access.
We
allow you to electronically submit Invoices
Free credit checking on new
customers at no additional cost
Also
Personalized Service
- you have one dedicated person and his or her assistant who handle your
account.
You don't have to start over each time you call
with a new
person
We are seasoned professionals with an average of 11 years industry
experience per account executive
(Well above the factoring industry
norm)
Our flexibility allows you to maintain control:
You select accounts you prefer to
factor on an invoice by invoice basis.
You control total factoring costs
by only factoring on an "as needed" basis.
Up to 97% Invoice Factoring Services Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as well as experience and track record. We
hold reserve accounts to accommodate industries which typically experience
dilution and that we would otherwise not be able to service. Advance rates range
from 80% to 97% of the gross invoice amount.
Fee
Structures:
Fees are determined based on your
industry, the credit worthiness of your customers, how quickly your invoices
turn, and monthly factoring volume.
GET YOUR CASH TODAY
Call our factoring
specialists at
1-866-593-2195
admin@factormoney.com
On-Line Factoring Request Form
Is Invoice Factoring For
You?
The key to knowing if factoring
is for you is to not
to look only at the bottom-line factoring fee, but also
to
consider how your company may increase it's profits through
invoice factoring.
Here is additional
information on factoring
to help you with your decision.
How are
fees and advance rates determined?
It is based on several factors:
The
creditworthiness of your clients
Your monthly billing volume
Average
invoice size
Average days to payment
Fees can range from 2-5 % of the
invoice's face value.
For example if the invoice's value is $1,000; a fee of
3% equals $30.
What is an
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.