Factoring - The Facts

Why be locked into a financing relationship where you can lose control of your customer relationships and harm your business?

The Receivables Exchange is often compared to factoring, but the two financing options are very different. The Receivables Exchange enables you to maintain complete control of your financing. You are not required to provide personal guarantees or all-asset liens; no one notifies your customers of the sale; you can post as few or as many receivables as you like; and all communication to your customers flows through you.

The Receivables Exchange is a better way to turn your invoices into cash.

Factoring Companies The Receivables Exchange
  • Factors charge high fees and your rates are set and locked in for the duration of the contract.
  • Market based pricing: Average Advance rate of 85%-93%; 1.0% Average Discount Rate. 
  • Your customer is notified and the factor owns the relationship.
  • No invasive customer notification or invoice collection. Your customers don't know that you have sold your invoices.
  • Require personal guarantees, restrictive covenants and all-asset liens.
  • No personal guarantees, covenants, all-asset liens required. We only take a lien on the receivable you are selling.
  • Long-term contracts are required. Factor determines which invoices are eligible and you must sell all your eligible receivables through them. You don't have a choice.
  • Choose which receivables to sell. Use the Exchange as often or as little as you need -- as a supplement to existing financing or as your main source of cash flow. 
  • Advances are limited to one or two a week and can take 2-3 days to process.
  • Transactions happen in real time, cash can be available in as little as 24 hours.

We've already helped thousands of companies like yours get access to the working capital they need.  Why wait any longer, Get started now.

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