But where the bank says
no, we start helping you!
How fast can you get money?
Typically, once the relationship is set up, you will have cash within
48 hours of invoicing your client. Setting yourself up with a factor,
or adding a new client, will take a few days to 2 weeks, depending on
how complete your paperwork is up front and how fast you can review
the contracts for the loan.
What are the costs?
Typically, costs range from 2 to 4% per month of the invoice amount.
On an annual basis, this can seem like a prohibitive price. But here's
how it works.
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