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11-06-2023, 05:22 PM #1
- Join Date
- Jul 2017
- Posts
- 548
Looking for a broker friendly invoice factoring company
As the post suggests. Tried Stenn but the commission split is horrible and their reps have zero communication. Looking for an alternative.
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11-06-2023, 05:54 PM #2
- Join Date
- Feb 2017
- Posts
- 3,429
I always tell people... Depends on the industry and the risk factor. Are there MCAs? Will they know how to get things subordinated? Will they move quickly and do they know how to get the EIDL subordinated? Do you have a rep who is responsive? Does the company do aggressive verification? Does the factor offer origination fees so that you can get paid up front? 10% gross or 15% net ot the rate ones who do 15% gross. Factoring is somewhat of an art, but everyone knows everyone and it's helpful. Much more professional. I'm happy to make an introduction, send me an email. I promise to keep you anonymous.
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11-08-2023, 02:21 PM #3
- Join Date
- Dec 2021
- Posts
- 637
Try UCS & Everlasting...
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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