A Breakthrough Factoring Company
Offering Factoring Programs Tailored
to Make You More Money 

How Factoring Works

The First Step:
The Client profile

You begin by filling out a simple client profile, which we will provide you. Please click here for profile. This profile
will cover basics such as your company's name and
address, the nature of your business, and information
about your customers.

You may need to supply an accounts receivable aging report, existing customers' credot limits, or other related documents. Remember the factor will attempt to determine the creditworthiness of your customers independent of their credit history with your business. We want a broader view of their
overall credit status.

During this initial stage you will also cover basic financial arrangements with the factor. For instance, what will be the monthly volume of invoices you want to factor(i.e. how liquid do you need to be)? What will the advance rate and the discount rate be? How quickly will the factor issue the advance to you?

In most cases, the answers to these questions will vary depending on the financial strength of your customer(s) and the anticipated monthly sales volume to be factored. Variations between industries, length of time in operation, and general reputation of how risky a customer of yours may be. For instance, a long list of high-risk clients will cost you more in factoring fees than a short list of government agencies with a slow-pay history.

In the factoring business, volume is all important. The higher your volume(the dollar amount of invoices you factor), the more favorable your rates will be.

The factor will use the client profile you submit to determine if your business is suitable for factoring. This process is simply the factor analyzing the risks versus the rewards, using the information you provided.

Once approved, you can expect to negotiate terms and conditions. The negotiation process takes several aspects of the deal into consideration. For instance, if you want to factor $10,000, you can't expect as good a deal as a company that wants to factor $500,000.

During the negotiation process, you will become well aware of what it costs to factor your accounts receivable. After you reach an agreement with the factor, the funding wheels begin to roll. The factor conducts due diligence by researching your customers' credit and any liens placed against your company. The factor also confirms the legitimacy of your invoice before buying your receivables and advancing cash to you


GET YOUR CASH TODAY
Call our factoring specialists at
1-866-593-2195
admin@factormoney.com

 On-Line Factoring Request Form




We Can Offer You What Others Can't

Unlike other factoring companies, our program includes the following features at no additional charge:
• 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% 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

Are We Crazy?
Use No Other
Factoring Company
Until You Have Seen
Our Sensational Plans, including unique
97% Advance Rates

GET YOUR CASH TODAY
Call our factoring specialists at
1-866-593-2195

Email Us

On-line Factoring Request Form

"Your factoring has always provided service above and beyond any other company I have dealt with. Our account manager gives us 100% and this is only ONE of the reasons we have chosen to stay with them."

-L.P., Vice President security services company

Why Factoring is Necessary
"A sale is not a sale until you collect the money"
Are you a part -time banker for your customers?
Take a look at your accounts receivable aging....

Please click here to continue 

 

Is 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 factoring.

Please click here to continue

Factoring Benefits
Receive money in as few
days as two to four days.

Maintain complete control
of your business.

Remove or lessen the business costs
associated with the collection process.

Please click here to continue