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What qualifications do prospective invoice factoring clients need?

April 26, 2017clients factoring invoice qualifications

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What qualifications do prospective invoice factoring clients need?

2 Answers

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• Prospective invoice factoring companies must sell their products or provide services to creditworthy commercial clients with trade credit terms. • Platinum does not insist on minimum sales volume requirements for prospective invoice factoring clients.

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• Prospective invoice factoring companies must sell their products or provide services to creditworthy commercial clients with trade credit terms. • Platinum does require a minimum annual sales volume of $1,000,000 for prospective invoice factoring clients.