Factoring Price Guide
with quote request!
DISCLOSURE: We respect your privacy and want to make sure you are aware of a few things. By clicking above to complete and submit the form, you authorize ResourceNation / Business.com and up to six companies in each category that you request to call you at the number you provided, including any mobile numbers, and that you understand that they may use automated phone technology to call you. You are not required to submit the form as a condition of any purchase.
How Factoring Financing Works
In a finance factoring transaction, youll send the invoices you hope to sell to a factoring company. They verify the invoices and your customers credit ratings, and then buy the invoices from you at a discounted rate. Funding invoices can take as little as a few days, but often takes up to a week. The invoices are assigned to the factor finance company, and your customers will send payments to the company, not to your business. Once the invoices have been paid, the factoring company sends the balance left on the invoice less a factoring fee.
Factoring isnt for every company. Make sure you know the risks and costs involved before agreeing to a factoring transaction.