How does this work?

Based on our preliminary evaluation of the financial information that you provide to us, our loan matching service may direct you to different types of participating lenders including peer to peer lenders, traditional lenders, short-term lenders and cash advance lenders.

What kind of loans do you offer?

We do not offer loans. Instead, we refer you with participating factors in our network who offer advances. Based on your customers credit, we may direct you to different types of participating factoring companies.


Will I qualify?

You have have a business and be providing a service or a product to another business.

Can you answer questions about advance rates and fees?   


Although we do not have access to any specific data that a participating factor may give you, we are able to provide you with an range of what it will be from past transactions that we have encountered.

 

How much money can I factor?

We match applicants with participating factors who offer advances of up to $2,000,000 to applicants who meet those factors’ specific requirements. Apply now to find out the maximum amount you can factor. Our application is secure, easy, and fast! 

How do I get my money? 

Once you are approved, the money is usually electronically deposited into your account for a small fee. You can receive the check by US mail. If you have Wells Fargo, we will deposit the money directly into your account free of charge. 

Can I really get a advance with bad credit? 

We don’t care about your personal credit, just the credit of your company and your customers credit.

How long will it take for me to receive my money? 

Once your company is approved, the invoices have got to be verified, and once they are you receive the advance money within 24 hours from that point.

Who can't we help? 

If your customers credit is not that strong we can we require credit references from their customers. We can help everyone.

How much does your service cost? 

It will cost nothing to set up the account. You will only pay the fees incrued and the bank wiring fees. 

What if I already have a UCC filing on my companies credit from another loan?

We can either ask the bank that holds the lien to subside the filing and let us take the first position or we will pay off that loan from the first factoring proceeds.

How do I pay back the money I receive from the advance?

 

You don’t, your customer will agree to send the money to the factor for the invoices you received the advance on.

Is my information secure? 

FactoringCompaniesNorthDakota.com dedicates itself to a policy that any and all information submitted is protected with the latest and best internet security practices.

How many times can I apply? 

As many times as you want.  If we can’t help the first time, maybe we can the second.  It will cost you nothing to so.