Skip to main content

How is FundThrough's Velocity Invoice Factoring different from traditional invoice factoring?

M
Written by Marketing Team
Updated over 2 weeks ago

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.

Did this answer your question?