What is Factoring? Factoring is the process of a company selling its accounts receivables to a lender - such as Factor Direct Capital - at a discount from the invoice's face value for immediate cash.
Can we still qualify if we have poor credit history? Yes, in most cases.
Are there types of accounts receivables that you will not fund? No industry is off limits. We place high priority on proven client integrity and look to establish long-term relationships with those that we shoose to do business with.
What happens if my customer does not pay? If your customer fails to pay for the goods and/or services after an agreed upon period of time, the you must provide Factor Direct Capital a receivable of comparable value or repurchase the invoice.
Do I have to factor all of my invoices? No. You choose which invoices to sell and when to sell them. There are no monthly or annual minimums.
How can I get started? Call us at 888-250-5537 or click here to apply online. Fill in the document directly and submit it online or print and fax it back to us.
