How to Switch Invoice Factoring Companies

Question: I’m currently working with a factoring company, but want to switch, can Universal Funding help?
The answer is Yes!

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Our team is skilled at buyouts involving other factoring companies. We realize that when a business requires financing like invoice factoring they are typically on a tight deadline for when funds are needed. Agreements are made in haste and sometime you may not realize how high the cost can be with other factoring companies. Sometime those seeking a factoring program do not realize that they are working with a broker instead of a direct funding source, which will cause a factoring package to cost more than it should.

A healthy percentage of business owners who inquire about our services do so because they are unsatisfied with their current factor. Even if you are in the middle of an application process with another factor, we can review your invoices and make you an offer. Once you have our proposal, you are under no obligation to accept an offer from us or any other factoring company. Even if you have started factoring with another factoring company, you can switch to us and we will manage the buyout so that your financing is seamless and without interruption.

As a leader in the accounts receivable financing industry, we try our best to give you a lower rate than any other factoring company and superior service. We challenge you to give us a try. If you’re unhappy with your current factor, or have found out that you were working with a broker and not a direct funding source, fill out a rate form or call us at 1-800-405-6035 to get your quote today.

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