Accounts Receivable Factoring Services

This listing offers Accounts Receivable Factoring services specifically tailored for distribution businesses. It provides a flexible funding solution by advancing up to 85% of receivables, with rates ranging from 0.69% to 1.59% or Prime + 2%. Key benefits include no financial requirements, no monthly or invoice minimums, and a quick setup process taking 3 to 5 days. Credit lines can range from $10,000 to $10,000,000. Prospective clients will need to submit a completed application along with supporting documents such as an Accounts Receivable Aging Report, Customer List with Credit Limit, Articles of Incorporation, Purchase Orders or Rate Confirmation Agreements, and Invoices to Factor. Notably, there are no upfront fees associated with this service.