What is Factoring Advance?

A cash advance to a Client (usually by wire transfer or ACH) for 80-90% of the value of the purchased and verified Invoice. Our goal at ECapital is to verify and fund the same day as invoice receipt (if before 10 am with a wire transfer to you by 4 pm).

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Factoring Trivia: Little Known Facts about Invoice Factoring

Factoring Trivia: Little Known Facts about Invoice Factoring

What is Invoice Factoring? In short, it is the selling of accounts receivable invoices at a discount in exchange for immediate payment. This practice provides…
What is Invoice Factoring?

What is Invoice Factoring?

Invoice factoring is a financial transaction and a type of debtor finance. In an invoice factoring agreement, a business sells its accounts receivable (invoice) to…
Common Freight Factoring Terms Defined

Common Freight Factoring Terms Defined

If you’re new to factoring, you might come across terms that you’re not familiar with. It’s important that your factoring company explains how factoring works…

OTHER TERMS BEGINNING WITH "F"