Factoring Account Receivables

vs Other financing alternatives

FINANCING SOURCE?	FACTORING?	BANK LOAN?	LEASING?	PRIVATE INVESTOR?	VENTURE CAPITAL
Simple Application?	YES?	NO or unlikely?	NO?	MAYBE?	NO
Requires Personal Guarantees?	NO, using non-recourse strategy	Yes	MAYBE?	MAYBE?	NO
Days to funding?	1 to 2?	30 to 90?	15 to 30?	15 to 30?	90 to 180
Approval based on clients credit?	NO?	YES?	YES?	YES?	YES
Funding tied to sales?	YES?	NO?	NO?	NO?	NO
Give up equity?	NO?	MAYBE?	NO?	YES?	YES
Take on debt?	NO?	YES?	YES?	MAYBE?	NO
Limited to asset value?	NO?	YES?	YES?	MAYBE?	MAYBE
Requires track record?	NO?	YES?	YES?	MAYBE?	MAYBE
Requires profitability?	NO?	YES?	YES?	MAYBE?	MAYBE
Ongoing reporting and monitoring?	NO?	YES, accounting, etc.?	YES, insurance?	YES, accounting?	YES, Board fees, etc.

 

Cash Flow Calculator shows you the benefits with your numbers. You put in your numbers and see the profit you will have with factoring your account receivables