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FACTORING PROCESS
How does the factoring process work? For a detailed
explanation of the factoring process, click here.


"I
needed help when I started brokering. The executives at
AFC helped me learn the factoring business. AFC has earned
my loyalty."
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Brokers are a
very important part of our business development program.
We have established
relationships with many excellent brokers throughout the United States.
Some have been with us for years, others are just starting out.
In all cases, we are happy to provide guidance and direction to help build
and maintain your brokerage business. And, we respond very quickly in
our assessment of potential deals you might bring to us.
When you have a qualified lead, you choose how closely you would like to
stay involved in the due diligence process. Some brokers just turn it
over to us and we develop the relationship from there. Others prefer
to stay more involved.
In most cases, if your client has commercial accounts receivable, we can
find a capital source to work with them.

While we
do work with brokers on an ad hoc basis who are "shopping" the
market, we definitely prefer to develop exclusive relationships.
This is generally in keeping with our philosophy of maintaining
long term relationships with clients, many of whom stay with us
for decades.
Please
note that we also routinely provide leads from our advertising back to our brokers on
deals that require consultant contacts to work.
Call or email us to find out how you can become part of our
broker referral team. Or, you can fill out our
Broker Inquiry Form and
we will respond accordingly. |
Commission Structure and Funding Guidelines:
We pay
commissions based on our factoring fees.
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Commissions as
high as 15% to 20%
on deals that optimize our pricing guidelines;
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Minimum of a 10% commission
on any deal that meets our funding criteria;
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If we can’t
fund your deal, we will work with you to find a funding
source;
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Any industry
(except construction and medical);
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Any size
invoice;
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Pre and Post
Petition Bankruptcy Financing;
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Low monthly minimum to factor;
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Pre-Qualify leads
directly with an assigned lending officer;
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Twenty-four hour
turnaround of application;
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Five to seven
business days to fund;
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Daily funding of
new invoices;
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Commissions
protected by formal Referral Agreement.
After you have
signed in as a broker (you only have to do this once), use our
Broker Quick Referral Form whenever you want to send us a
potential client.
You may be interested
in reviewing our Broker Guide on how to recognize a
factoring opportunity. Click here to review.
Or, you can click on the mouse below and complete our short
online form and we will respond accordingly.

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Factoring is a quick and flexible form of financing which
substantially improves a company's cash flow. For more
information on factoring,
click here:

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More
Information
Click here to request
more information on
our services.

Pre-qualify
by telephone
Click here for details
on how to pre-qualify
your credit line by telephone.

Download
PDF application
Download our PDF application for a factoring request, fill
out and fax. 
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"When I
turn a deal over to
AFC, I know it will get prompt and courteous
service. My account officer at AFC is there
to help me from
start to finish."
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