11 Years in Business
Small Machine Shop
There are many concerns and questions our clients have when looking into an invoice factoring solution. For more questions about our funding program please call or request a call back. The following are the most frequent questions our clients ask.
Simply defined, factoring is the purchase of an invoice at a discount. Instead of waiting for 30, 45 or 60 days to get paid factoring allows a business to turn its existing and ongoing accounts receivable into available cash to be used to fund its operations.
Capital Credit provides financing for a variety of businesses. If your company is selling on Net Payment terms (N15, N30, N45 or N60) to commercial accounts, we may be able to finance your company. Capital Credit provides factoring to service related businesses such as transportation and temporary staffing companies as well as to manufacturers and distributors.
Each client program is individually tailored to meet their needs. Fee structures are determined by:
Payments are sent to our PO Box. Payments are processed the same day they are received and reserves are available for release once those payments have cleared our bank.
Capital Credit offers an all inclusive program. In addition, Capital Credit has no minimum monthly volume requirements and does not charge additional fees for minimum invoice requirements, credit checks, lock box fees, or mailing services.
Capital Credit is able to work with any company in the United States and can fund any of your customers as long as they are in the United States or Canada.
Capital Credit can typically approve your application the same day it is received. Once we have approved your company and we have received your signed documents and initial invoicing we can fund your business for the first time within a couple of days. The typical set up process takes a couple of days up to a week.
Your business can grow by offering credit terms or extended payment terms to potential customers and let us worry about financing the receivables. Request a Quote Today!