Usually 80% of your business comes from 20% of your customers and these would be the most likely to factor, however, the factoring company will want to factor 100% of your customer base so long as they are credit worthy. In order to approve your customer base, the factoring company will usually need their names, addresses, phone numbers and the amounts of credit desired for each client. This will save you time when submitting invoices to the factoring company.
Factoring Accounts Receivable Rates As Low As 1.5%
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