The Factoring Application process consists of 3 steps:
Data entry regarding your company, its owners and management
Online verification of the identities of the owners of your company by our partner, Equifax®
Electronic signing ceremony where the owners will authenticate (electronically sign) our factoring documents
Step 1: Data Entry
Please read this entire page before you start the application process so that fully understand it. You can
Bookmark This Page so you can return to it it the future.
All information enter on our website is completely protected. Our SSL Certificate secures and encrypts all your internet data. The SSL Certificate is
symbolized by a padlock icon, like the one, above. Double click it on any of our secure pages for detailed information regarding
the SSL Certificate.
Our Simple Acceptance Criteria
Your personal credit is not an issue
But, we must like your industry. Exclusions:
Retail
Medical services
Ordinary building construction, including general and sub-contracting
Your customers must be creditworthy
You must not have any outstanding UCC-1 Financing Statement filings or Tax Liens. If any are discovered during our simple due diligence
process, we will contact you to try to solve the problem.
We Need Certain Information About Your Organization
If your company is either a corporation or a limited liability company (LLC), we need the exact legal name and ID number assigned
by the Secretary of State. If you are unsure, pick your state and look up your company. Click your
Back Button to return to this page when you're finished at the Secretary of State's website.
Data Entry Details
You will be entering data about your company, its owners and banking into web forms. Please use "mixed case" for data
entry, otherwise the processing of your application will be delayed. Please enter your data in "mixed case."
Correct - mixed case: My Small Business, Inc.
Incorrect: MY SMALL BUSINESS, INC.
Incorrect: my small business, inc.
Step 2: Identity Verification
While online in the final signup step, our partner Equifax®, will authenticate the identities of the owners of your company by asking
each of them a series of "out-of-wallet" questions, drawn from their credit file. These are questions that can only be answered by the
person being asked even if he/she lost his/her wallet/purse. It's sort of like an online Notary Public. This has nothing to do with their personal
credit and won't affect their credit or credit score.
What to do in the event of a low identity score
No fraud alerts on your Equifax® report:
This means that your identity was not confirmed, and usually occurs because you forgot certain details regarding your credit history and one or more
of you answers was incorrect. The easy solution is to buy a
$10.50
Equifax® Credit Report and retake the test. Either select the first option, under "Best Deal" on the right, which is a little more expensive, if you also want your FICO score, or
the second option, "Get only your Equifax Credit Report™" if you want to pay the minimum. Uncheck the checkbox labeled "Add Equifax™ Credit Rankings."
If there are fraud alerts, please contact us & we'll assist you.
Step 3: Electronic Document Signing
Each document signer must click the "I Agree" buttons, which serve as electronic signatures, associated with each document presented for
signature. The documents can be reviewed by clicking the document title links. Your company will receive an email stating that it
can start factoring invoices, unless a problem arises, in which case, you will be advised.
Reminder Emails
The owners of your company will receive periodic automated reminder emails from us if they don't complete any step in the signup process or if you complete it, but
your company doesn't factor any invoices. To terminate the reminder emails, merely reply to one with the text "Remove Me" in the body.
Links to get you back to where you left off, if you failed to complete any step
