APPROVAL |
Weeks To Approve |
Days To Approve |
Hours To Approve |
UPFRONT FEES |
Maybe |
Application Fee |
No Deposits or Application Fees |
TERM OF DEAL |
1-3 years |
6 months - 2 years |
Month - to - Month |
TERMINATION FEE |
May Have Early Termination Fee |
Early Termination Fee |
No Early Termination Fee - EVER! |
MINIMUM FUNDING |
Minimum Borrowing High |
Some Have Minimum |
No Minimum |
MINIMUM FUNDING FEE |
Non-usage Fee |
Minimum Monthly Fee |
No Fee if you don't factor |
FUNDING LIMITS |
Increase Requires New Process |
Easy To Increase |
Easy To Increase |
CUSTOMER SERVICE |
Talk To Relationship Manager |
Talk To Acct Rep |
Talk to Owner / CEO |
REPAYMENT REQUIREMENT |
Company Makes Payments |
Company must repay Factor if customer doesn't pay invoice - Your Loss! |
ACS takes the credit risk if your customer cannot pay - Our Loss, Not Yours! |