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Factoring with our partner is easy and straight forward. As soon as you have shipped your product or completed your service you will be able to factor your receivable. We will require back-up paperwork such as, purchase orders, shipping records or contracts. Once you have generated an invoice, you can forward the original invoice and all relevant back-up documentation to eCapitalfund or our factoring partner we will start the funding process.
Some of the services we provide are:
24 Hour Funding- Understands that a quick turnaround on your money is important. As soon as we receive the original invoices, your account executive will expedite your funding process and get a check in the mail. Same day funding is available on a limited basis, check with your account executive for more information.
Credit Administration- We will run credit reports on your customers to determine their credit worthiness. We will also call on trade and bank references if we need additional information to approve your customer.
Full Collection Service- Our Factoring Partner does all of the collections in-house. We typically start making calls on your account at 40 days. Our Factoring Partner will contact you if there are collection problems.
Personal Service- Each account is assigned an Account Administrator. Your administrator is available to answer your questions at any time.
Invoice and Statement Mailing- Our Factoring Partner will mail all of your invoices.
Online Account Access- Our Factoring Partner will provides all of our clients the availability to review their account online. Using our secure server, our clients can access all of their reports online 24 hours a day.
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