FundEx makes factoring simple

How factoring funding works

• An invoice is a bill for goods or services already provided

• A business sells its invoices to a third party (the factor) to meet its current obligations

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The rates are based on

• The invoice holder’s creditworthiness

• The length of time until the invoice will be paid

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Questions

• Are you currently factoring any invoices?

• Do you presently have a need for additional cash flow?

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Documents which may be required

• Sample Invoice

• Accounts receivable aging report

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Good to know

• We only factor business-to-business transactions

• Residual account, represents an ongoing relationship

• With factoring you have the chance to get paid for your invoices right away – no need to wait