What is a Notice of Assignment? In the world of factoring, a Notice of Assignment plays a crucial role. It’s a formal communication that a factor ... September 25, 2020
What if My Customer is Also a Small Business? A large part of your ability to fund invoices with a factor will hinge on the creditworthiness or your customers. ... September 15, 2020
What is the Difference Between an MCA and Invoice Factoring? When it comes to financing options, managing risk is a critical consideration for businesses. Invoice factoring and Merchant Cash Advances ... September 10, 2020
Do You Need to Verify My Invoices? American Funding Solutions periodically verifies invoices sent in for funding. Our standard process is to send the invoice to your ... September 4, 2020
Will My Customer Still Send Payments to Me? Customer Still Send Payments to Me? For any customer you choose to factor, payments will be sent directly to American ... August 26, 2020
What Happens if My Customer Does Not Pay the Invoice? It does happen sometimes, though no fault of your own. If a customer does not pay an invoice, you as ... August 18, 2020
Will You be Taking Over My Invoicing? You will continue to prepare your invoices and send them to your customer per usual. We would request that you ... August 13, 2020
What is a UCC Filing? A UCC (Uniform Commercial Code) filing is a legal notice a lender files with the secretary of state when they ... August 6, 2020
How Fast Can I Get My Money? Once you’ve started funding with us, you will receive money for your invoices the following business day. We also offer ... July 29, 2020
Do I Need to Provide Collateral? Q: Do I need to provide collateral? A: You do NOT need to provide collateral to factor your invoices. Accounts ... July 14, 2020