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Quick Guide to Factor Companies


Commercial factoring can be helpful for many companies, regardless of business size or success. If your company's outstanding invoices total an entire month's revenues or more, it can be difficult for your business to function while you wait for the money to come in.

By using a factor company for your accounts receivable, you get the funds quickly, allowing you to concentrate on growing your business while the factoring company collects the owed money.

There are several factors small business owners should consider when choosing a factoring business. InsideUp offers blogs, buyer guides and a free vendor match service to help you find a factoring program that is right for your business.

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How much in new accounts receivable do you want to factor every month? (select one answer)

What is the average invoice amount for the receivables you wish to factor? (select one answer)

What is the historical average timeframe needed to collect on these accounts receivable? (select one answer)

What type of customer invoices will you be factoring? (select one answer)

What were your company total revenues over the past 12 months? (select one answer)

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