Our Factoring Services Programs Can
Help You DOUBLE YOUR
Contact a member of
our sales team at:
Please visit our Factoring Services website
Our Factoring Services Programs
help you make money
Please visit our Factoring Services website
The cost of doing business with a factoring services company is the
taken on the invoices submitted for funding. Fees range from 1 to 10 percent,
depending on volume, credit-worthiness of the customers sold and overall risk. The factoring
discount taken is best compared to a merchant accepting a Visa or MasterCard transaction and receiving immediate payment, less a percentage or discount,
before the actual cardholder has paid his or her monthly statement.
Setting up a factoring relationship is quick and easy in
comparison to other
forms of financing. Factoring applications simply call for basic
company information and a customer list. Years of profitability
are not required which makes factoring an option for startups
generating receivables. It is possible that funding can occur
in as little as a couple of days after the receipt of the
factoring application and invoices.
What is factoring
factoring Sense 1 factorization, factorisation, factoring --
((mathematics) the resolution of an integer or polynomial into factors such
that when multiplied together they give the integer or polynomial) =>
resolution, resolving -- (analysis into clear-cut components)
What Are Services
services -- (performance of duties or provision of space and equipment helpful to others;
"the mayor tried to maintain city services"; "the medical services are excellent") => employment, work .
-- (the occupation for which you are paid; "he is looking for employment"; "a lot of people are out of work")
15 senses of service Sense 1service.
-- (work done by one person or group that benefits another; "budget separately for goods and services") =>
work -- (activity directed toward making or doing something; "she checked several points needing further work")
Sense 2 service -- (a company or agency that performs a public service; subject to government regulation) =>
company -- (an institution created to conduct business; "he only invests in large well-established companies";
"he started the company in his garage").
services, religious services, divine services -- (the act of public worship following prescribed rules; "the Sunday service")
=> religious ceremony, religious ritual -- (a ceremony having religious meaning) Sense 4 services --
(an act of help or assistance; "he did them a service") => aid, assist, assistance, help --
(the activity of contributing to the fulfillment of a need or furtherance of an effort or purpose;
"he gave me an assist with the housework"; "could not walk without assistance";
"rescue party went to their aid"; "offered his help in unloading") Sense 5 services --
(employment in or work for another; "he retired after 30 years of services")=>.
What Sets Us Apart
Our program includes the following features
Same Day funding on approved invoices
We do not require a long term contract.
97% advance rates; tops in the industry
Credit analysis on new and existing customers
Continuous collection management and
follow up on factored invoices
Invoice and statement mailing (postage included)
Account status inquiries anytime;
24/7 online account access.
Our flexibility allows you to maintain control:
You select accounts you prefer to factor
on an invoice by invoice basis.
You control total factoring costs by only
, factoring on an "as needed" basis.
Up to 97% Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as
well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience dilution
and that we would otherwise not be able
to service. Advance rates range from
80% to 97% of the gross invoice amount.
Fees are determined based on your industry,
the credit worthiness of your customers,
how quickly your invoices turn, and
monthly invoice factoring volume.
OCF provides individualized customer service,
by tailoring our flexible programs to fit the individual
needs of each of our clients. We strive to
be responsive, handling receivables
with speed, efficiency, and a personal touch.
As a client you are assigned one account
administrator who will personally handle
all of your account activity and inquiries.
This gives us the ability to buy your r
eceivables and get the money to
you within 12 to 24 hours.
Having one person look after your account
also makes it easy for you to decide
which invoices you are going to sell and
when you want to sell those invoices.
Our funding is primarily done by
direct deposit or wire.
Receivable Financing-Solve All Your Cash Flow Needs
OCF has more than 70 years of successful
cash flow and credit management experience,
experience we would love to put to work for you.
To talk with a member of our sales team,
please contact one of our regional offices at:
Toll Free: 888-266-0197
Fax #: 425-702-1874