How long will it take to receive the initial funding?
This varies depending on the factoring company. Since factoring is all about the speed of guaranteed cash flow, you can expect the factor to move quickly on Due Diligence, invoice verification, credit checks on the debtors and client investigation.
Initial funding should take place between 3 – 7 days after all documentation is signed. Funds are usually sent by wire transfer, but can also be sent by cheque if requested.
© 2006 Sanjeev Aaron Williams & Cashwerks All Rights Reserved
This varies depending on the factoring company. Since factoring is all about the speed of guaranteed cash flow, you can expect the factor to move quickly on Due Diligence, invoice verification, credit checks on the debtors and client investigation.
Initial funding should take place between 3 – 7 days after all documentation is signed. Funds are usually sent by wire transfer, but can also be sent by cheque if requested.
© 2006 Sanjeev Aaron Williams & Cashwerks All Rights Reserved
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