The factoring process with Factoring Associates is fast and easier than you might have thought:

Step One
Fill out the proper documentation (which we will provide you).

Step Two
Once the documentation process is complete, Factoring Associates provides you with cash for your receivables.

Step Three
Once we have verified your invoice, we send you an immediate advance. You may choose to receive anywhere between 50 and 85% of the total invoice, and the cost or discount is proportionate to this percentage. Most factoring advances are between 70-80% and are either wired directly to your bank account, sent through the mail or via Federal Express. This step is generally completed within 24 hours.

Step Four
Once your customer's check clears, or according to a prearranged schedule, we send you the remaining funds (known as the Reserve). At this juncture, we generally take our fee off the top. Our fee ranges from 2-4% per 15-30 days. In this case, you will have received 96-98% of your money, and the transaction is considered complete.

Step Five
With each invoice you factor, you will receive a complete statement of account, which displays of your invoices, fees and other pertinent information. You will also receive copies of customer checks for your records on the date of receipt.

Service Is Our Focus
An important consideration to funding your invoices with Factoring Associates is that customer service is our prime focus. During business hours, we ensure there is always a representative available to answer your questions and walk you through the factoring process.

We DO NOT maintain a complicated voicemail system. When you deal with Factoring Associates, you will always speak to a real person, and if you must leave a message, it will be answered within minutes. This is just part of the Factoring Associates difference.

We invite you to contact us here to see how Factoring Associates can help you get immediate cash for your invoices.

FAQ | Glossary | Process | Required Documents | Services
Accounts Receivables Outsourcing | Small Business Funding
Accounts Receivable Management | Business Receivable Factoring
Factoring Financial Services | Accounts Receivable Factoring Company
Factoring Accounts Receivables | Accounts Receivables Factoring