Comparison of factoring services
Traditional factoring services have many conditions and restrictions that often make them prohibitive for the small business. IFG spot factoring solutions eliminate the hassle of traditional banks and factoring companies.
With The Interface Financial Group
you can get cash for your B2B invoices in 24 hours. There are no minimums or maximums; you can factor as many or as few invoices as you desire with no upfront fees or long term commitments. Whatever your working capital requirements IFG will work with you to find a factoring solution that makes sense. We’ve been providing financial resources to clients like you for over 40 years.
Spot Factoring Service vs. Traditional Full Factoring Service
IFG Spot Factoring Traditional Factoring
1. Transactional Service 1. Contractual
2. No hidden costs 2. Service fees
3. No minimum 3. Minimums - typically 100K
4. No control of debtors 4. Debtor administration
5. Personal service 5. Corporate Service
6. Flexible 6. Locked In