How Invoice Factoring Works
Step 1 – Inquiry Call
The first step begins with an initial phone call. You can either call us or complete a rate form and you will be connected with a factoring specialist. We’ll spend a few minutes learning about your company and quickly determine if we’re the right financing fit for your specific company needs.
Step 2 – Application & Rate Proposal
One of our factoring specialists will email you our one-page application. You can complete the application entirely from your desktop. And, you do not have to link to your accounting software or provide bank account access. Once we receive your completed application, the factoring specialist will email you a proposal with the lowest factoring rate we can offer.
Step 3 – Submit Invoices
Once you are approved, you submit invoices to your dedicated Account Representative who will be your main point of contact for every transaction and will know the details of your account. Invoices can be submitted via email, fax, mail, FedEx, etc. Choose the format easiest for you and we’ll handle the rest.
Step 4 – Get Funded
Funds get deposited directly to your account in a matter of hours. You can track the entire transaction by logging into your account online 24/7.