FactoringAccounts receivable factoring is a valuable financial tool to accelerate cash flow by outsourcing credit and collection functions. With factoring, credit-worthy accounts receivables are purchased at a small discount, converting outstanding invoices into immediate cash flow. The Benefits Of Factoring
The Funding ProcessTypically, 75% to 95% of the face amount of the accounts receivable is advanced. Conduit Financial Partners then collects the accounts from the client's customers (the account debtors) and, upon collection, remits to the client the remaining 20% to 5% of the accounts, less a fee. Conduit Financial Partners can also provide various accounts receivable management, collection and credit services for our clients. Contact us for more information. Factoring Application (PDF) |