How is FundThrough's Velocity Invoice Factoring different from traditional invoice factoring?
With Velocity Invoice Factoring:
-
Time to Funding: As little as 24 hours.
-
Capital Available: Unlimited funding based on the size of your invoices.
-
Pricing: 100% advance rates minus a single fee. One up front price.
-
Flexibility: Fund any eligible invoice to any approved customer.
-
Customer Support: Highly reviewed support team, and a partner in your success.
-
Technology: We leverage artificial intelligence to make fast funding decisions.
With a traditional factor:
-
Time to Funding: One week to one month.
-
Capital Available: Limited.
-
Pricing: Hefty processing fees, late fees, and early termination fees.
-
Flexibility: Required to fund all invoices to all customers.
-
Customer Support: Typical support staff
-
Technology: Manual process that limits quick access to capital.