Will I qualify for Invoice Factoring ?

"My credit isn’t great. Can I still use your factoring services to factor my invoices?"

You don't need perfect credit or bankable financials to factor invoices. We are more interested in the creditworthiness of your customers than your own. If you sell to good, dependable customers, we can provide the business receivable funding that you need to grow your business. The best way to know if you will qualify for our invoice factoring programs is to complete a factoring application.  Of course, there is no application fee.

"Will my company be eligible for funding if it currently has a bank loan or bank line of credit?"

If a bank has a lien on your company's accounts receivable, you should let us know. We will ask the bank to subordinate that lien in favor of BTB Capital to start the factoring process. Whether this is possible depends on the policy of the individual bank in question. Alternately, we may be able to arrange to pay down or pay out the loan from your accounts receivable funding. In order to secure business receivable factoring, it is very important that we have this information in advance. If you want to speak to us about your specific bank and the loan you have in place, feel free to contact us and speak to a factoring consultant on the phone or by email.

"I don’t want to factor invoices all the time.  Can I factor only the invoices I choose without extra fees?"

Unlike most factoring companies BTB Capital does not have any monthly minimum requirements.  We don’t charge any line fees or facility renewal fees.  You can factor as few or as many of your qualifying accounts receivable as you want.  BTB’s approach to accounts receivable invoice factoring is very different from many other factoring companies.  BTB believes that your factoring company shouldn’t punish you for not needing them.  At BTB the number of invoices you factor and when you factor them is completely up to you.

"My company has an outstanding tax bill.  Can I still apply for Accounts Receivable Funding?"

Tax problems vary in complexity and are handled on a case-by-case basis. It is urgent that we know of any tax issues so that we can discuss lien subordination with the IRS in order to begin the factoring process. Please call us or email us with your specific situation so we can discuss it. The factoring specialists at BTB have extensive experience in this regard and can manage the process for you to factor and ensure uninterrupted cash flow under your accounts receiveable factoring line.