How We Compare
The Receivables Exchange is a flexible financing alternative that keeps your clients in control of their business.
- No invasive customer notification or invoice collection
- No long-term contracts
- No personal guarantees
- No all-asset liens
- No concentration or cross-aging issues
Your clients choose which invoices they wish to sell. They set the rates they are willing to accept. If they don't get the bid they are looking for, they are under no obligation to sell.
| Factoring | Asset-Based Lending | Bank Financing | The Receivables Exchange | |
|---|---|---|---|---|
| Requires long-term contracts? | Yes | Yes | Yes | No. Completely non-binding |
| Requires all-asset liens and personal guarantees? | Yes | Yes | Often | Never |
| Competitive, market-based pricing? | No | No | No | Yes |
| Facility fees and other hidden costs? | Yes | Yes | Yes | No. Requires a one-time $500 registration fee and fees when you trade |
| Funds available in less than 30 days? | Yes | No | No | Yes |
| Notifies your customers? | Yes | No | No | No |
| More » | More » | More » | More » |