Discount factoring of accounts receivables is also known as recourse factoring.
Here’s how it works
Important facts:
- As little as $10,000 and as high as $25 million in funding
- Up to 90% of the face value of eligible amounts receivable may be advanced to you
- Advances may be made as often as daily
- Reporting is web based, so you will have 24/7 access to the status of your account.
- GMS Lending performs customers credit checks saving you time, effort and expenses
- Recourse factoring is the least expensive form of factoring.
While you concentrate on growing your business, your GMS partner provides the financing and other administrative back-up to enable you to do so.
