We can provide cash for receivables that are due and payable from reputable companies and institutions with whom you are doing business.
We provide cash of 80% to 90% of due and payable receivables for service companies. Contracting and construction companies are provided up to 70% of due and payable receivables.
Fees are based upon the time outstanding when the actual receivables is paid and collected.
Discounts on fees are based upon the volume/dollar amount of receivables being factored on a contractual basis. Of course, large receivable transactions are provided the most substantial discounts.
Funding is typically five (5) business days, provided all required and requested documents and applications are submitted satisfactorily.
Funds can be wired into the account or federal expressed to the client corporate offices, whichever is the client preference.