We have successfully factored invoices for companies.
This is great for the following industries:
This is the start of what is needed.
There can be much more information this is requested, such as:
- References (banking reference, other companies you conduct business with).
- Due diligence on the owners / officers of the company, which include: personal background check, credit check can be requested in some cases, not all
- Copy of A/R (Accounts Receivable)
- Copy of Invoice(s)
- Copy of Bond (Construction companies)