Merchant Factors provide working capital solutions, such as factoring accounts receivable, asset-based lending, and purchase order financing, to innovative businesses. It offers competitive rates for customized financial solutions that banks don’t have. In this article, we cover Merchant Factors reviews and rates. Ready to get started? Visit its website.
Summary of Merchant Factors Reviews
As of the date this article was written (February 1, 2019), there are no up-to-date Merchant Factors reviews online. If you are a past or current Merchant Factors customer, leave a review to help other business owners who are deciding whether or not to use the company.
Merchant Factors Pricing
Merchant Factors pricing and rates are not readily available on its website, but it mentions that clients can get up to 90% advances against accounts receivables. Rates from other similar providers range from 0.75% to 4%. Some have origination fees and annual renewal fees.
Interested users may contact Merchant Factors for more information on its rates and other services.
Ready to get started with Merchant Factors? Visit its website.
Top Merchant Factors Pick from Fit Small Business
6 Best Invoice Factoring Companies 2018 – With invoice factoring, your unpaid invoices are converted into immediate cash through an advance of 80% to 90% of the total amount owed. We reviewed invoice factoring companies to find the six best factoring companies. These companies are experienced at collecting payments for small businesses, with some of the best advance and discount rates in the industry.
Merchant Factors Features
Check out the list below of some of Merchant Factors’ features:
- Working capital solutions
- Customer credit checks and insurance
- Strategic development
- Factoring accounts receivable
- Asset-based lending
- Purchase order financing
Merchant Factors FAQs
What types of companies does Merchant Factors cater to?
Merchant Factors services all types of companies and business models.
How fast can approved applicants get the funds?
Merchant Factors can give you access to your funds the day you ship your goods and invoice your customer.
Merchant Factors Alternatives
Have you read these Merchant Factors reviews and are still not sure if it’s the right fit for you? Read our reviews of all top invoice factoring companies or check out one of these three Merchant Factors competitors.