Factoring at Factor Direct Corporation

Funding and monitoring of your account is simple:

1. Choose your customer, submit the customer for approval and credit check
2. Provide your service as usual (i.e., deliver a load), retaining all control of your receivables
3. Issue a freight bill/invoice and proof of service provided (i.e., bill of lading) and submit for funding directly to Factor Direct
4. Once all documents are received and reviewed, the funds will be advanced to you immediately
5. Factor Direct consultants will assess new credit risks, if any, and we will mail and monitor the invoice until receipt of payment.
6. Factor Direct offers same day secure 24-hour online monitoring of your accounts and thorough credit evaluations (i.e., aging reports, account balances, broker aging history, and track collections to date)
7. You concentrate solely on running and growing your business

We’ll take into consideration your experience and provide you with the flexibility you need in order to seize business opportunities and improve your tomorrow.

Benefits Of Factoring

Acting with perseverance means taking advantage of those opportunities that benefit you. However, you may feel reluctant to act on this advantage.

You may be an expert in your field, but still wonder whether you have taken the right path to success. Here are the benefits of factoring:

• Quick and easy application process; receive funding in less than 3 business days
• No credit check necessary
• Flexibility and responsiveness of a local provider. The amount your company can borrow grows with sales
• There are no limits: UNLIMITED cash, subject only to your ability to sell your products or services
• Proactive same day funding, permitting you to take large one-time orders or to take advantage of new valuable business opportunities when they arrive
• Knowledge, capacity and resources of a large company
• Steady, predictable cash flow
• Free credit checks for all of your current and potential customers
• Access to our daily updated broker payment history
• Quick set up time for new accounts
• Top customer service with steady and efficient collection, ensuring a quick turnaround for your invoices
• Reduced monthly office expenses and operational costs
• Debt-free way to increase your capital
• Short term or long term asset based lending available
• Manage your account activities online 24/7/365 via our user-friendly secure online processing system – No periodic delays and negotiations: Save your time to run your business
• Enjoy your hard work today and advance your tomorrow