T
Tera
Guest
I am looking into a factoring service and there are just so many. What can you tell me about them and who do you recommend if any??
10
factoring
if you need to factor then ips would be the choice..
no contracts and lots of extras they offer..including excellent credit checks
on brokers..much better than the load link as ips is updated daily in actual pay time.
talk to qasim @ 905-670-4838
and no...i don't work there
if you need to factor then ips would be the choice..
no contracts and lots of extras they offer..including excellent credit checks
on brokers..much better than the load link as ips is updated daily in actual pay time.
talk to qasim @ 905-670-4838
and no...i don't work there
10
Also everything is scanned into there system and you can easily get to anything you need, very professional people to deal with too.
Riviera
We've been using Riviera for the past few months, and we're pleased that everything has been done according to how we were told it would be done.. no surprises.
Clients have access to a 'fast credit' screen where brokers can be checked out right away, as to their payment histories and whether Riviera will accept them. The info is available instantly, unlike many websites which clog up and take forever. If it shows as unavailable, you can make a quick call to get the scoop, or generally see the info anyway, to make your own decision.
They are a 'non-recourse' factoring company, and depending on your volume each month, the fee ranges from 5% to 10%. Depending on how quickly you want to receive your payment and which bank your deal with, you can get payment as soon as 8 hours.
If a company should go bankrupt, you're covered, provided the company was approved when submitting the invoice.
You don't have to factor whichever companies you don't want to factor, you can pick and choose if you want.
For us, we have looked at it as a cost of doing business, like insurance. At some point it would be nice to not have the expense, but during these times of companies disappearing rather quickly and without much notice, I can at least sleep at night.
https://www.rivierafinance.com/
Speak to Wayne Holder (866-899-0070), and no, I'm not a paid announcement, just a satisfied customer.
We've been using Riviera for the past few months, and we're pleased that everything has been done according to how we were told it would be done.. no surprises.
Clients have access to a 'fast credit' screen where brokers can be checked out right away, as to their payment histories and whether Riviera will accept them. The info is available instantly, unlike many websites which clog up and take forever. If it shows as unavailable, you can make a quick call to get the scoop, or generally see the info anyway, to make your own decision.
They are a 'non-recourse' factoring company, and depending on your volume each month, the fee ranges from 5% to 10%. Depending on how quickly you want to receive your payment and which bank your deal with, you can get payment as soon as 8 hours.
If a company should go bankrupt, you're covered, provided the company was approved when submitting the invoice.
You don't have to factor whichever companies you don't want to factor, you can pick and choose if you want.
For us, we have looked at it as a cost of doing business, like insurance. At some point it would be nice to not have the expense, but during these times of companies disappearing rather quickly and without much notice, I can at least sleep at night.
https://www.rivierafinance.com/
Speak to Wayne Holder (866-899-0070), and no, I'm not a paid announcement, just a satisfied customer.