Offering Account Receivable Purchasing Programs Tailored
to Make You More Money
We Can Offer You What Others Can't
Unlike other account receivable purchasing 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% 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
invoice factoring
freight factoring
account receivable factoring
More Account Receivable purchasing Information
Account
receivable purchasing is selling the interest in your accounts
receivables or invoices to a factor at a small discount. Sometimes factoring is
called "accounts receivables financing". Account receivable purchasing
provides over 100 billion dollars to industry each year.
invoice factoring
and account receivable factoring services
In fact, it is an old financial service used by multi-billion dollar corporations that is now available to smaller sized businesses to which banks are reluctant to lend funds. Account receivable purchasing is filling a tremendous void that banks have created.
The Buyout Process
The lender with the
oldest dated UCC filing is said to be in First Position on the pledged
collateral. For example, an account receivable purchasing company has first rights to collect payments on your
invoices and all the related surrounding instruments.
Account Receivable purchasing companies
do not take a second position because the lender in first position could legally
take the check right out of the hands of the second position factor