Whether you are a small general contractor or a large commercial contractor, we know you hardly ever receive payment on time. We understand the strain that can put on your company financially and you can’t afford to miss out on new jobs or, worse yet, miss payroll. Compass will treat your customers with the same fast ar invoice factoring degree of integrity and professionalism. Our world class credit department works along side you to help you establish client credit limits and terms. This is where invoice factoring comes in.

In addition to having almost immediate access to funds you would otherwise have waited up to 90 days to receive from your customers, you save time and money by using invoice factoring. The sample loan agreement sample loan contract below is a guide only to. Payroll fluctuations and marketing costs can put your business on the line.

Constantly managing your accounts receivable and fast ar invoice factoring billing customers is time-consuming and costly. Providing fast invoice factoring and reliable service since. FACTOR KING is a direct financial service provider that specializes in the Factoring of invoice receivables for companies that maintain commercial accounts receivables.

Because we use an entirely paperless, online application process and proprietary, industry-leading fast ar invoice factoring technology, we’re often able to provide funds within 48 hours of receiving an application. We are dedicated to helping companies like yours take advantage of opportunities to grow their business. Use our free auto refinance calculator.

Your business has a significant amount of accounts receivable that are already overdue. When an invoice is factored with recourse, it means the client is ultimately responsible for payment, regardless of whether the client's customer pays. Our accounts receivable factoring service has helped manufacturing, distribution, and service companies grow and prosper. Managed by industry experts who have financed invoices totaling more than $10 billion, Fast A/R Funding is the online leader for invoice factoring. Banks are heavily regulated, and large finance companies are driven by an assortment of pressures. We understand the unique documentation in the construction industry and leverage our knowledge and experience to provide solutions to help you solve your challenges and focus on growing your company.

Information is power and FACTOR KING always delivers with our world class A/R reporting platform. At Compass we offer both "non-recourse" and "recourse" factoring at rates that make sense for your business. Johnson worked at Kerr-McGee Corporation in a Management Development Program where she worked in different areas of finance within the company. Homepage for calvet home loan service center site, contains sections for.

FACTOR KING reduces the liability your business takes by lowering bad debt risks. Factoring rates depend on the credit-worthiness of your customers, your average invoice size, average payment cycle, factoring volume and other elements. Factoring is also well suited for under-capitalized companies with strong customers, turnarounds or companies with cash-flow problems.

You see Factoring Accounts Receivable is simply the quickest and easiest (and sometimes the only) way to immediately solve your cash flow issues. Managed by industry experts and powered by proprietary, leading-edge technology, Fast A/R Funding is the fastest, most efficient, and most secure choice for online accounts receivable factoring. And whether that means a company uses Fast A/R Funding for small business financing once or whether they build an ongoing relationship and use invoice factoring services for every bill, it’s nice to know that the management team at Fast A/R Funding really knows their stuff and is there to back you up. You enjoy increased cash flow, while we provide credit and collection expertise and services, freeing you to concentrate on your core business. Invoice factoring is not a loan, and applications are not evaluated based on your personal credit history or business’ assets. Late payments from customers, changes in payroll expenses, and fluctuating operating fast ar invoice factoring costs affect businesses in the service industry just as they do in manufacturing.

They support their clients by offering services that go way beyond funding. Our systems and procedures have been streamlined and developed to give you access to immediate cash. Your business serves as a sub-contactor to a fast ar invoice factoring less-than-established general contractor. We purchase your invoices, provide you with the working capital you need to operate your business, and help you manage your accounts receivable and credit risk. For busy entrepreneurs, that’s a great combination.

A bank loan is for a fixed amount, whereas a factoring line is designed to grow with your business. Compass Funding Solutions helps carriers focus on what they do best; maintain and build relationships with brokers and shippers. Fortunately, these things are what we do best. It is common for construction companies to face fast ar invoice factoring cash challenges during times of growth.

This free car bill of sale form doesn t constitute. FACTOR KING will purchase your accounts receivable invoices for immediate cash. They really offer the kind of support services a small business owner needs. Client growth is how we measure our own success.

When not working, Matt spends time riding his Harley, working on his '63 Riviera, and criticizing the coaches of his son's Pop Warner football team. The team over at Fast A/R Funding is absolutely the best around. Instead, we base approvals on the creditworthiness of your customers and the value of your invoices. While not working (which is not often), Jonah loves spending time with his wife and three extremely demanding and lovable children. Once you turn these responsibilities over to us, you need not wonder how things are going. FACTOR KING remains on call 24/7 to provide you with the fastest possible form of funding.

In this context they are asking about Invoice Factoring (or Factoring Accounts Receivable) and once explained business owners of all sizes fall in love with the concept. Rates are based on individual and specific circumstances. The balance due to you of $10,000 (less our fees) will be paid to you when your customer pays the invoice. Remember if you decide to factor- there are No application fees. Compass recognizes and respects the relationship and goodwill you have created with your customers. The process works as if your clients are on a COD (Cash on Delivery) basis.

Our systems and procedures have been streamlined and developed to accommodate everything from the most basic to the most intense circumstances. Matt's lending experience spans small businesses to complex corporate financing of over $100 Million. When times are tough, banks and finance companies limit lending. We can handle credit management, billing, collecting, and cash application. We are proud to have served thousands of successful companies, spanning a wide range of industries, who have entrusted us with their accounts receivable financing, invoice factoring needs.

The factor eventually receives payment from your customer and at that time deducts their fee and wires you the balance of the 20% that was being withheld. Invoicing to Available Funds in a Matter of Minutes. Matt was raised in San Diego, and after graduating from Cal Poly San Luis Obispo he moved to Los Angeles to pursue a career in finance. This is where invoice factoring with Fast A/R Funding comes in. Buy the best quality used cars for sale online. Vanessa Johnson, Portfolio Manager - Before her current position Ms.

His early work years were spent in real estate development and then in finance as a Manager of SunAmerica Investments, Inc., where he participated in the origination of over $1.5 billion in loans and equity investments. Having the best support team possible is essential. Waiting 30, 60, or even 90 days to be paid by your customers makes budgeting a true challenge and a danger to your company’s financial well-being. Whatever you offer, replacement windows, forclosure help or complete home remodeling, we can help you meet your obligations on time, every time.

When working with FACTOR KING , you will have the cash to expand your business to the next level. Our leading-edge technology and outstanding, 24/7 online customer support are the best in the industry. You can use the additional cash to take advantage of suppliers' discounts, meet payroll, satisfy operating overhead, purchase needed inventory or equipment or just establish good credit for future expansion.

Until recently, factoring was primarily used in the garment and textile industries. We believe every company-and each funding situation-is unique. Factoring companies are not in the lending business; we purchase accounts receivable from credit-worthy customers.

Your business has significant cash reserves free of cash-flow concerns. They’re trustworthy, knowledgeable, and always on the ball. Helena, port royal, property in beaufort sc fripp island,. Factors make funding decisions based on the credit-worthiness of your customers; a bank makes credit decisions based on your company's financial history, cash flow and collateral.

Website Design by Zizinya Web Solutions. It's one of the oldest forms of financing. Our Mission to provide crucial funding to small and middle tier companies that may or may not have access to adequate bank financing is responsible for our success. Days ago personal loan interest rates.

Welcome to our construction factoring division. Bay View Funding provides you with working capital and invoice factoring from a partner you can trust. During the Internet boom, Jonah left SunAmerica to form a venture capital firm called ITU Ventures.

How does factoring differ from bank funding. They need cash to meet immediate financial demands of their business. After spending 15 years in corporate America and receiving a MBA from Pepperdine University, Matt joined up with his good friend Jonah Schnel to start Fast A/R Funding.

In contrast when seeking a bank loan your bank will focus on your company's profitability and the value of the non-accounts receivable collateral such as equipment, and real estate.

Seminar Series

Credit and Finance
Russ Wermers
University of Maryland
Simply put, the only criteria is that your receivables be from other businesses.
3007 BIF
2:30pm

Seminars

In the News

About collegenet, college search, scholarship apply to college election, apply to college,.

Call a FACTOR KING speitt today for a free demonstration. FACTOR KING gives you access to key financial reports 24/ 7 enabling you to concentrate on your business. Personal credit challenges and lack of collateral can derail your attempts to put your small business on the fast track. Having independent funding sources means we are not dependent on banks, which can be unreliable in today’s market. Partner with FACTOR KING today, your first step to financial success. We can advance your construction company funds as you need them - from just a few thousand to millions of dollars per month.

When an invoice is factored without recourse, it is considered factoring on a non-recourse basis.

They’re professional, highly experienced, and really reliable. Managing the working capital it takes to come through for your customers, however, can become a full-time job and can jeopardize your business. As a small company, whether you’re in service or manufacturing or any other field, you work hard to provide the goods and services your customers need. The small business then has the capital needed to maintain workflow while the factor collects on the purchased invoices.

Using our secure customer portal, you can log in to your account to check the status of your factored invoices, reserves and cash applications.

Now imagine this process of Factoring Accounts Receivable is performed on many (or all) of the invoices that your company produces and not only have you increased your cash flow but you have compressed your sales cycle. In this situation, the factor takes the credit risk of the clients customers, thereby protecting the client from credit loss. Banks often have restrictive lending requirements relating to cash flow, profitability, equity and years in business that limit them from making loans to many small to mid-sized businesses. Our quick and easy approval process makes dealing with FACTOR KING® a pleasure from the very beginning. Bay View Funding has access to a full range of credit resources and databases, which we can use to establish reasonable credit levels for your customers.

Smart Money Week

Small Businesses that have no track record, a weak balance sheet, a history of financial problems, are in turnaround mode or are otherwise undergoing big changes, often cannot find a lender at any price. FACTOR KING specializes in purchasing invoice receivables. With invoice factoring, you can have the funds you need in as little as 48 hours to stay competitive in your industry. Most importantly, a factor makes funding decisions in days or hours-while banks generally take weeks or even months.

The University Forum

Unique Hybrid Factoring Allows for Complete Control. Your business involves Medicaid or Medicare-based accounts receivable. While at ITU Ventures, Jonah and his colleagues raised $200 million in capital commitments from institutional investors. Fast A/R Funding saves business owners time and money by making accounts receivable management and budgeting easier with their invoice factoring services.

What companies benefit most from factoring. You can factor almost any valid invoice for a service already performed or a product already delivered to a credit-worthy business or government entity.

Our application process is completely paperless, and we often provide funds in as little as 48 hours. I recommend Fast A/R Funding to small businesses in need of financing because factoring is more than funding. So, whether you need cash to purchase wholesale supplies, repair equipment, meet payroll, take advantage of expansion opportunities, or for any other reason, we can help.