Plus Funding Group

360 Hamilton Ave., White Plains, NY
Plus Funding is a New York City factoring company.
Frank Mancini of Plus Funding
Frank Mancini
SVP

Plus Funding Group is a factoring company in White Plains, New York engaged in the invoice factoring business. The company offers accounts receivable financing, purchase order financing, production financing and lines of credit to its clients. The company generates revenues and earnings primarily through the purchase and collection of receivables.

At Plus Funding, we view each client as a unique partnership. Your partnership with Plus Funding ultimately relies on the strength of our financial position. Many factoring firms and other specialty finance firms are thinly capitalized and rely heavily on leverage, borrowed funds, for their ability to service your needs. Our ownership structure provides the deep pockets that minimize these risks. In addition to competitive fees, we recognize that each client situation is unique and we strive to offer unparalleled personalized customer service.

Plus Funding provides these invoice factoring benefits:

  • No application or startup fees
  • No hidden fees
  • Stretch term loans available
  • 24 hour funding

At Plus Funding, we understand the value of trust - we do what we say. We don't over-promise and under-deliver. We're your financial partner. Our success lies in your success.

Industries Served:

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
Yes
Online reporting:
Yes
Invoice software integration:
Yes

Terms of Service:

Contract length:
Typically one year.
Application and start-up fees:
None.
Monthly minimum:
Typically no minimum requirement.
Factor all invoices:
No
Reserve availability:
3 days after collections.
Cancellation fee:
Generally, 3% to 5% of credit line.
Additional fees:
None

General Information

646-558-6444
Year founded:
2012
No. employees:
11-50
Associations:
IFA, CFA, ACG, TMA
Address:
360 Hamilton Ave., White Plains, NY

Financial Information

Minimum credit facility ($):
150,000
Maximum credit facility ($):
5,000,000
Advance rate (%):
75-85%
Other types of financing:
PO Financing, Production Finance, Inventory Finance, Stretch Term Loans
Contact
646-558-6444

360 Hamilton Ave., White Plains, NY

360 Hamilton Ave., White Plains, NY

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