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We tried all the
top factoring
companies and
narrowed it
down to three.
Based on
Together, they cover the widest range of
features needed by small businesses.
Qualification How Much Can
You Borrow
Timeframe Advanced Cash
For You
∂
Best
Factoring Company
for more than $25K
Apply for
BlueVine
NOW
∂
Work with new businesses.
Reasonable prices. Higher credit
lines requested = better price.
Full Review Here
∂
Best
Factoring Company
for under $25K
Try
Fundbox
NOW
∂
Ideal for small, recurring cash
flow gaps. They advance 100% of
invoice, pay it off in 12 weeks.
Full Review Here
∂
Why We Chose BlueVine
for more than $25k
credit lines
Overcome
cash flow
gaps with
large amounts
of money
Don’t
have to pay
week over
week
Allows to
convert unpaid
invoices into
immediate
working
capital
Full Review Here
∂Why We Chose Fundbox
for advances under $25k
Advances
100% of invoice
vaule. Pay in
12 weeks
installment.
No credit
check is
required.
At least
6 months of
accounting
history to
qualify.
Full Review Here
∂When to use
Commercial Capital LLC
Factoring
rates range
from 1.5%
to 5%/mo.
Advance
from 70 to
98.5% of
invoice
upfront
Like a
traditional
invoice
factor
Pricing
structure is
based highly on
industry and
volume.
Full Review Here
∂
BlueVine vs. Fundbox
vs. Commercial Capital
In-Depth Review
∂
Will I Qualify?
Two requirements
that apply across
the board are:
2. Your customers mustbe creditworthy.
1. Must invoice customersfor goods or services.
Full Review Here
US-based business with at
least 6 months in operation
Use a supported
bookkeeping application
to send invoices
No personal credit check
is required
Full Review Here
US-based business & sell
products/services in the US
or Canada
Invoices must be
due/payable within 90
days or less
Works with startups. Does not
work with medical or
health businesses
Have at least
530 credit
score
Full Review Here
Clients must have good
commercial credit.
Invoice must be due and
payable within 90 days or less
Invoices must be free of
encumbrances/liens.
Full Review Here
∂
How Long It Will Take
To Get Your Money
You can be approved within
hours
Funds takes 1-3 business
days to reach your account
You select which invoices you
want to submit for funding.
Full Review Here
Your first invoice for funding
can be approved within 1
business day
Funds take 1-3 business
days to reach your account
Bluevine offers ACH (Free) and
Wire Transfer ($15/wire)
Full Review Here
You must apply by phone to
get a quote and send required
docs via email, fax or mail
Approval process takes
about 1 week.
Funds takes 1-3 business
days to reach your account
Full Review Here
∂How Much Can
You Borrow?
As you repay,
you can continue
to borrow against
your credit line
Credit line
represents the
max. amount of
capital you can
borrow at once
Credit lines of
$100 to $25,000
Full Review Here
Credit lines of
$100 to $25,000
As you repay,
you can continue
to borrow
against your credit
line
Credit line
represents the
max. amount of
capital you can
borrow at once
Full Review Here
They
advance you
70 - 98% of
the invoice
upfront
It depends
on the size of the
transaction, industry
and other risk
parameters
You’ll receive the
balance of the
invoice when your
client pays
Full Review Here
∂
Costs
1.5% to 5%
per month
Learn more about Length
of factoring period and
Advance rate Here.
Discount
Rate
Conclusion
Based on their superior
service if you need above
or under $25k
respectively.
After reviewing the top
factoring companies we
chose Bluevine &
Fundbox as the best
companies
Join The Community
Please Share!
Give us a Like :)
See the
full article
here

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Factoring companies who’s the best for your business-

  • 1.
  • 2. We tried all the top factoring companies and narrowed it down to three.
  • 3. Based on Together, they cover the widest range of features needed by small businesses. Qualification How Much Can You Borrow Timeframe Advanced Cash For You
  • 5. Apply for BlueVine NOW ∂ Work with new businesses. Reasonable prices. Higher credit lines requested = better price. Full Review Here
  • 7. Try Fundbox NOW ∂ Ideal for small, recurring cash flow gaps. They advance 100% of invoice, pay it off in 12 weeks. Full Review Here
  • 8. ∂ Why We Chose BlueVine for more than $25k credit lines
  • 9. Overcome cash flow gaps with large amounts of money Don’t have to pay week over week Allows to convert unpaid invoices into immediate working capital Full Review Here
  • 10. ∂Why We Chose Fundbox for advances under $25k
  • 11. Advances 100% of invoice vaule. Pay in 12 weeks installment. No credit check is required. At least 6 months of accounting history to qualify. Full Review Here
  • 13. Factoring rates range from 1.5% to 5%/mo. Advance from 70 to 98.5% of invoice upfront Like a traditional invoice factor Pricing structure is based highly on industry and volume. Full Review Here
  • 14. ∂ BlueVine vs. Fundbox vs. Commercial Capital In-Depth Review
  • 16. Two requirements that apply across the board are: 2. Your customers mustbe creditworthy. 1. Must invoice customersfor goods or services. Full Review Here
  • 17. US-based business with at least 6 months in operation Use a supported bookkeeping application to send invoices No personal credit check is required Full Review Here
  • 18. US-based business & sell products/services in the US or Canada Invoices must be due/payable within 90 days or less Works with startups. Does not work with medical or health businesses Have at least 530 credit score Full Review Here
  • 19. Clients must have good commercial credit. Invoice must be due and payable within 90 days or less Invoices must be free of encumbrances/liens. Full Review Here
  • 20. ∂ How Long It Will Take To Get Your Money
  • 21. You can be approved within hours Funds takes 1-3 business days to reach your account You select which invoices you want to submit for funding. Full Review Here
  • 22. Your first invoice for funding can be approved within 1 business day Funds take 1-3 business days to reach your account Bluevine offers ACH (Free) and Wire Transfer ($15/wire) Full Review Here
  • 23. You must apply by phone to get a quote and send required docs via email, fax or mail Approval process takes about 1 week. Funds takes 1-3 business days to reach your account Full Review Here
  • 25. As you repay, you can continue to borrow against your credit line Credit line represents the max. amount of capital you can borrow at once Credit lines of $100 to $25,000 Full Review Here
  • 26. Credit lines of $100 to $25,000 As you repay, you can continue to borrow against your credit line Credit line represents the max. amount of capital you can borrow at once Full Review Here
  • 27. They advance you 70 - 98% of the invoice upfront It depends on the size of the transaction, industry and other risk parameters You’ll receive the balance of the invoice when your client pays Full Review Here
  • 29. 1.5% to 5% per month Learn more about Length of factoring period and Advance rate Here. Discount Rate
  • 30. Conclusion Based on their superior service if you need above or under $25k respectively. After reviewing the top factoring companies we chose Bluevine & Fundbox as the best companies
  • 31. Join The Community Please Share! Give us a Like :) See the full article here