1. What is factoring?
    • Factoring is an alternative finance solution which can help you advance your business and increase your cash flow.  A-1 Factoring will buy your accounts receivable invoices, and advance you a portion of that amount to help you run your company more efficiently.
  2. What is your rate?
    • A-1 Factoring does not have a set rate structure.  At A-1 Factoring, during the initial application process we will discuss with you, your financial needs, and come to a rate that will benefit you.
  3. Why doesn’t A-1 Factoring offer a standard rate structure?
    1. At A-1 Factoring Service, Inc we prefer to get to know the wants and need of all our customers.
    2. Advance rates will very depending on the industry.
    3. Variances in the Terms of sale, net 10, 30 or 60 days.
    4. Payment practice of Customers / Industry.
    5. Sales Concentration.
  4. Make sure to get all of the following to compare rates.
    1. Initial Rate
    2. Advance rate.
    3. Number of days the initial rate covers.
    4. Add on rate and how many days it covers.
    5. Set up fees.
  5. How is factoring different than a bank loan?
    1. Factoring does not create a liability on the balance sheet.
    2. In factoring we are more concerned with the credit of your customers than your personal credit.
    3. We can readily increase your availability of credit as your sales increase.