Why Factorquote?

Experience.  Our team of seasoned executives has decades of experience in this industry.  We pass that knowledge and experience along to our clients and save them thousands of dollars in the process

Our Network of Contacts.  When we contact a factoring company in our network, they know what we’re looking for: the best possible deal for our clients.  In return, that is exactly what they offer.  Furthermore, our network of factoring companies are all reputable, well established businesses that operate on a very high ethical level.

Quality.  Factorquote has dealt with its network of referral companies for years.  Other lead services merely sell your information, either to the highest bidder or to whomever is willing to pay for your information.  Many lead services do not even qualify their contacts.  Their only motivation is money, not the integrity of the funding source.

Cost.  We charge our network of factors a one-time, flat fee for service, typically $250.  There is absolutely no cost to you.  Unlike traditional deal brokers, we do not charge a residual commission.  This is crucial because traditional deal brokers operate contrary to your best interest:  the higher the rate that the factoring company charges, the more commission they earn.  There is an obvious conflict of interest that cannot be ignored.  Since our fee is not commissioned based, it is not affected by the factoring companies rates.  It is therefore in our best interest to find our clients the best possible deal.  After all, our strongest source for new business are referrals from satisfied clients.

Another cost consideration is that broker commissions are taken into consideration when a factoring company prices a deal.  This commission can often times increase your factoring rate between .50% to even 1.00% or more.  Over the course of your relationship with your factoring company, this can equate to thousands and thousands of dollars in commissions.  Why should you pay for that?