Factoring Company- FAQ's > Commonly asked questions: (9 entries)

 

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  • In most cases FACTOR KING is able to complete funding within 24 hours.
  • Absolutely not- you choose only the clients you would like to factor. The choice is always yours.
  • FACTOR KING advances an average of 80% of the face value of your invoices. Your particular situation may allow us to advance even more. So what are you waiting for?  ...
  • FACTOR KING provides direct funding so you will realize immediate savings with our ultra competitive rates. Allow us to prepare a term sheet for you by clicking on our Apply ...
  • Factoring has become very common and most companies realize that rapidly growing companies require more working capital than traditional banks can provide. It’s very likely that your customers have already sent ...
  • No, FACTOR KING is somewhat unique in the sense that we never require our clients to factor all of their invoices. You get to pick and choose which ones if any ...
  • No, factoring is not a loan. Factoring is the purchase of a company’s accounts receivable as opposed to a loan that creates debt on the balance sheet. You are simply speeding ...
  • Almost every business that has commercial accounts receivable can qualify. Our guidelines are very simple: if you maintain receivables from other businesses and those receivables are with credit worthy customers you ...
  • Well it's easy. We have streamlined the entire approval process and most accounts are established within 72 hours for immediate payments. Just click on the apply now link on the menu ...