Abacus Marketplace is a Silicon Valley factoring company.

Abacus Marketplace

Abacus Marketplace is a factoring company headquartered in Silicon Valley, California that provides funding to small businesses using a competitive bidding process. Abacus creates a competitive market for your business by letting third-party investors bid on your unpaid invoices, resulting in more competitive rates.

Abacus was designed from the ground up to make funding more efficient for small businesses. We use state-of-the-art data science and technology to make sure funding solutions are simple and efficient at every touch point.

Abacus provides these invoice factoring benefits:

  • Fast and easy approval
  • Competitive funding marketplace
  • High advance rates
  • No long-term contracts

We focus on helping small companies find easy-to-use solutions to close working capital deficits that otherwise slow growth and or stunt business development.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
Yes
Non-recourse Factoring:
Yes

Terms of Service:

Application and Start-up Fees:
None
Contract Length:
Month to month
Cancellation Fee:
$250
Monthly Minimum:
No
Factor All Invoices:
No
Reserve Availability:
Bi-monthly or upon request
Additional Fees:
ACH and wire fees
Matt Flanagan of Abacus Marketplace
Matt Flanagan
CEO
855-982-9265

General Information:

Year Founded:
2016
No. Employees:
2-10
Associations:
IFA
Address:
346 Rheem, Moraga, CA

Financial Information:

Minimum Credit Facility ($):
No minimum
Maximum Credit Facility ($):
2,000,000
Advance Rate (%):
80-95%
346 Rheem, Moraga, CA