Factoring
This service is provided to companies that operate anywhere in the world (including the U.S.) and sell to clients in the United States, Canada or Puerto Rico. Advance Percentages may vary depending on your customers’ creditworthiness and range from 75% to 85%.
Domestic & International Factoring
This service typically includes:
- Credit Analysis
- BookKeeping & Customer Service
- Funding
- Collections
- Credit Insurance
To take advantage of the power of DOMESTIC or INTERNATIONAL FACTORING for your company, please contact one of our representatives.
Purchase Order Financing
When clients have a purchase order and insufficient cash to deliver the product or rent the service, Factorway will finance the operation by providing the necessary funds and collecting payment from the client’s customer.
While every purchase order operation is unique, there are several guidelines used by Factorway to analyze each client’s situation prior to initiating this type of financing, including:
- The history of a client’s business.
- The integrity of the management team.
- The creditworthiness of the client’s customer base.
- The ability of the client’s supplier to provide the goods or render the service.
- The profit margin on the transaction.