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Flexible and low risk non-recourse invoice factoring and accounts receivable financing for companies of all sizes including startups.

This is a very competitive non-recourse factoring product that is ideal for companies that are seeking to partner with a factoring company that can offer funding solutions with limited liability, meaning, we take to risk for non-payment should any of the customers we are factoring for them fails to pay any of the factored invoices.

THE FACTORING PROCESS IS A SIMPLE ONE

• You complete the application (simple form via email)
• Quick approval process and agreement is then signed
• You submit invoices
• Invoices are verified
• Funds are deposited into your bank account

Below are a few of the other advantages:

• Hassle-free application to funding process
• Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
• Protection from bad debt with our non-resource option
• Receivables line of credit option (more information below)
• Factoring starts at $20,000 and as high as $35 million
• Facilities tailored to fit the funding requirements of our client
• Up to 95% advances (Staffing)
• Up to 97% advances (trucking)
• Up to 95% advances (freight brokers)
• Up to 95% advances (other industries)
• Very competitive and attractive rates
• Flexible terms
• Complete access to your account via our secured online portal
• Perform free credit checks on new customers 24/7
• Invoicing and collection services included
• For trucking and transportation, fuel card for savings at the pump and added convenience
• Free load board to help truckers have full loads on each trip
• Funding for well-seasoned companies and startups
• Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

• No audit requirements
• No restrictive financial requirements
• No restrictive covenants
• No financial ratio requirements
• No concentration restrictions
• No long application to funding process
• Plus other benefits

Competitive pricing similar to an ABL line structure, typically prime + %, plus a service fee. The service fee is charged monthly on the gross amount of invoices, interest is charged on the amount of funds actually drawn, thus controlling the cost of funding.

The process is simple, the company submit invoices, it creates a pool or borrowing base, then draw up to 80% or 95% depending on the advance rate. The client can draw funds, daily, weekly, bi-weekly, or monthly. Funding is based on the value of your receivables, providing constant capital based on sales. The ledgered line is structured to fit the funding needs of the client.

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.

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