Factoring Services
The Interests of Our Clients Always Come First!
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At AmeriFactors we understand that our clients are well served when we help increase cash flow and working capital. That’s why we have developed an array of services designed to do just that.
Invoice Factoring
AmeriFactors turns accounts receivables into immediate cash flow. AmeriFactors pays out cash for Net 30 Invoices. We can pay as quickly as 24 hours after verification of invoice legitimacy. Depending on the industry and situation, AmeriFactors will transfer up to 90% of your invoices face value. All fees are calculated on a per deal basis and as a percent of invoice, at a fair and agreed upon amount.
Non-Recourse Factoring Credit Services
AmeriFactors guarantees the credit on all factored invoices. Our clients do not need a credit department because AmeriFactors becomes the credit manager and assumes the credit risk. We provide credit checks and approvals using our in-house and external credit database so that all of our clients are protected with accurate credit decisions. Plus, if AmeriFactors factors an invoice and the client’s customer can’t pay due to a pre-approved reason then we will absorb the loss.
Accounts Receivable Management
AmeriFactors can manage the accounts receivable process for all our client’s factored invoices. Large amounts of internal overhead expense and time are saved by our clients when AmeriFactors provides comprehensive receivables back-office services. AmeriFactors will handle all of the following tasks:
- Personalized invoice pick-up and funding delivery
- Maintaining an efficient remittance process for our clients’ customers
- Bank-to-bank transfer of funds
- Invoice mailing and processing
- Processing and posting of invoice payments
- Status checking on outstanding invoices
- Real-time alerts of disputes, returns and payment issues
- Collection services available
- Detailed, customized management reports
- Instant access to all account information, 24/7, through Southware, AmeriFactors online account management system
Client Service
Providing quality service is a vital part of AmeriFactors offerings and we know our clients judge our competence based on how we treat them and perform. Our account service team always acts professionally. In fact, we pride ourselves on knowing our clients by name and we’re genuinely concerned about what’s in your best interest.
Click here to meet our Senior Management team.