Prosperity Funding is a Miami, FL factoring company.

Prosperity Funding

Prosperity Funding is a Fort Lauderdale factoring company that provides payroll funding to staffing companies. In addition to payroll funding, we offer clients full back-office support including payroll check printing, payroll tax reporting and staffing billing.

Prosperity Funding also provides invoice factoring to service-based businesses, government contractors, manufacturing and distribution, as well as other industries.

Prosperity offers these invoice factoring benefits:

  • Credit facilities up to $5 Million
  • 100% advance rates for staffing
  • No monthly minimums
  • Credit checks on customers

We understand you need a fast and flexible source of funding. That's why our funding only program is designed for companies that require a ready source of capital to grow.

Industries Served:

Featured Services:

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

Terms of Service:

Application and Start-up Fees:
$350 - $2,500, depending on amount of due diligence
Contract Length:
6-24 months, negotiable
Cancellation Fee:
Highest monthly fees X number of months left on contract
Monthly Minimum:
No
Factor All Invoices:
No
Reserve Availability:
After 3 business day clearance from lock box
Additional Fees:
Monthly tax monitoring of $50
Dale Busbee
SVP Business Development
985-641-8817

General Information:

Year Founded:
2006
No. Employees:
2-10
Associations:
IFA, CFA
Address:
401 E Las Olas Blvd, Fort Lauderdale, FL
Other Office Locations:
New Orleans, LA; Washington, DC

Financial Information:

Minimum Credit Facility ($):
100,000
Maximum Credit Facility ($):
5,000,000
Advance Rate (%):
90%
Other Types of Financing:
Mezzanine Financing to assist with acquisitions
401 E Las Olas Blvd, Fort Lauderdale, FL