FAQS

FAQS

1	What is Factoring?
2	How long does it take to receive the funding?
3	Is accounts receivable factoring a new financing option?
4	How can accounts receivable factoring help my business?
5	How is accounts receivable funding or factoring different than accounts receivable financing from a bank?
6	Will my company be eligible for accounts receivable factoring if it has a bank loan or line of credit?
7	My company owes back taxes. Can I still apply for accounts receivable funding?
8	I have had a past bankruptcy or have bad credit. Is accounts receivable funding still an option?
9	What information will a factoring company need from my company to begin the accounts receivable factoring process?
10	Which of my customers would be good candidates for accounts receivable factoring?
11	Will a factor purchase only a portion of my company's invoices?
12	Are accounts receivable factoring fees taxes deductible?
13	Do factors verify invoices with my customers?
14	What should I do if my customer mistakenly sends the payment to my company?
15	What happens if my customer doesn't pay the invoice?