Commonwealth Capital is a Minneapolis, MN factoring company.

Commonwealth Capital

Commonwealth Capital is a Minneapolis factoring company with a reputation for fairness and honesty for over 30 years. We believe invoice factoring should be simple, straight-forward, and fast. We remove the complications with our easy process and ability to make quick funding decisions.

Commonwealth Capital works with businesses of all industries including apparel, construction, distribution, oil and gas, technology, staffing and transportation. We work with companies in all stages including start-ups, seasoned businesses, growing businesses, and businesses facing challenges or transition.

Commonwealth provides these invoice factoring services:

  • Quick approval and setup
  • 24 funding of invoices
  • Advance rates from 75% to 90%
  • Month-to-month contracts available

We've worked with the Minnesota business community since 1975 and provide factoring to small-to-medium businesses throughout the Upper Midwest. When you need funding and you need it fast, trust Commonwealth Capital to get it done.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
No
Non-recourse Factoring:
Yes

Terms of Service:

Application and Start-up Fees:
Application Fee - Varies by Deal Structure (Number of Owners, Related Entities, Industry)
Contract Length:
Month-to-Month, 6 Month, 12 Month options
Cancellation Fee:
Varies by deal
Monthly Minimum:
Depends on contract
Factor All Invoices:
No
Reserve Availability:
After checks clear bank
Additional Fees:
Transfer Fees
Ben Van Zee of Commonwealth Capital
Ben Van Zee
President
952-469-4460

General Information:

Year Founded:
2011
No. Employees:
2-10
Associations:
IFA, CFA
Address:
10800 Lyndale Avenue South, Bloomington, MN

Financial Information:

Minimum Credit Facility ($):
10,000
Maximum Credit Facility ($):
1,000,000
Advance Rate (%):
75-95%
10800 Lyndale Avenue South, Bloomington, MN