How is Accounts Receivable Funding different than receiving financing from the bank?
When making funding decisions, banks look at a company’s financial history and cash flow. In contrast, our funding sources focus on the creditworthiness of your customers. Banks also loan money. When you factor your invoices, you are not getting a loan, you are selling an asset. Finally, while banks may take weeks (sometimes months) to approve a loan, our funding sources will have a decision for you within 48 hours from the time they receive your information.
