[jfeinberg]

Bluevine offers a secured line of credit and is a modified factoring product and apparently were not prepared for the volume of business they've received.
However there are several of we lenders and factoring brokers, all knowledgeable, that also offer secured lines of credit.
Setting up a factoring relationship averages 5-7 working days. If someone tells you they can do it in a day or two......they are flat out lying to you. If they tell you they don't require the information our industry has been gathering for well over 100 years, once again...lies. If you are told you can make a quick buck.....same problem
Try contacting one of us and you will get straight answers for your customers......not blue sky.
If you would like to learn about factoring and receiving commissions over an average of 33 months or Asset Based lending everyone in the factoring industry I've met here will be happy to spend time teaching you.
Bob Shaw
Delancey Street Funding
rshaw@delancyfunding.com
734-929-3800
on behalf of the factors and factoring professional on this site.

Agreed. However one of my reps spoke with a client today that funded last week through bluevine. He said there process took a couple of days to get up and funded through their line of credit.