FAQ

Advantage Business Capital purchases your accounts receivable and advances up to 90% of verifiable invoices. The balance of the invoices, less our discount, is paid to you after we receive payment from your customer. Funds are typically available within 24 to 48 hours of request.

There are no upfront fees or maintenance fees when you use our factoring services. The only fee you pay is a discount fee for each invoice factored. The discount fee depends on the monthly factoring volume, the creditworthiness of your customers, and the length of time expected to be paid. We offer both fixed and floating fee structures to meet your specific needs.

There are no long-term contracts or agreements. You choose which accounts to factor, and you may discontinue the service at any time.

The only collateral typically required for a factoring line is your company’s accounts receivable.

Companies qualifying provide a product or service to creditworthy commercial customers, while offering 30-to-60-day payment terms. Advantage Business Capital reviews the financial strength and payment history of your customers.

Advantage Business Capital’s online portal provides a timely, detailed report on each invoice payment. With our lockbox portal, you have access to the check images and any remittance information provided by your customer.

After an application and related documents are received, client approval and initial funding take approximately 2–5 days. Subsequent findings are typically made within 24 hours.