Spot factoring

Factor one invoice or selective invoices

Spot factoring

1 (800) 317-4933

CorporateFactoring can offer businesses spot factoring which is an option to factor only one invoice or selective invoices without a contract. The program allows for the purchase of a single invoice or a small group of selective invoices without the need to enter into a long term contract.  Our spot factoring product is an affiliate funding option for companies that require a constant flow of capital on their invoices but interested in selling only selective invoices.

If you are interested in a long term factoring relationship, below are a list of features of our receivables financing program: 

  • Spot Factoring (Selective Invoice Factoring)
  • $100k to $500k (can go higher for selective deals)
  • Short term contract - 90 days
  • No mins or set-up fees

Below are a few of the other advantages:

  • Hassle-free application to funding process
  • Receivables line of credit option (more information below)
  • Facilities tailored to fit the funding requirements of our client
  • Very competitive and attractive rates
  • Flexible terms
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Funding for well-seasoned companies and startups
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



more info