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Choosing a Factoring Company
Industry
Find a factoring company that serves your industry, especially for construction, government, healthcare and trucking.
Contract Terms
Examine contract terms and conditions such as startup fees, factoring rates, cancellation fees, and monthly minimums.
Features
Find desired features such as online account access, credit services, non-recourse factoring or Quickbooks integration.
Credit limits
Determine whether minimum and maximum credit limits meet your current and projected financial needs.
Additional Fees
Know and understand extra fees you’ll be charged such as interest expense, invoice processing fees, debtor charges or bank fees.
Service
Find a factoring company that is friendly, professional, transparent, responsive and provides good customer service.