Invoice Factoring
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  1. #1
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    Gary, a deal like that is definitely doable.... but I guess in your case, the client has to have the bookkeeping to be able to make it happen. Every factor will need an Aged A/R list (as well as the financials), and if they can't provide that, or you can't provide them with an outsourced bookkeeper to make it happen, or they just don't want to get their books in order, walk away.

  2. #2
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Quote Originally Posted by abfunders View Post
    Gary, a deal like that is definitely doable.... but I guess in your case, the client has to have the bookkeeping to be able to make it happen. Every factor will need an Aged A/R list (as well as the financials), and if they can't provide that, or you can't provide them with an outsourced bookkeeper to make it happen, or they just don't want to get their books in order, walk away.
    Micah appreciate your input, turns out his accountant has everything and he provided the A/R report lol

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