Invoice Factoring

Cash flow factoring—also known as invoice factoring and accounts receivable factoring—is the sale of your invoices for immediate cash. As top-of-the-line factoring companies go, we purchase your receivables and:

1. Advance you 70% - 80% of the face value of the invoice.
2. Charge you a fee. A typical charge for an aged 30 day invoice will be 2% to 4%, 3% to 6% if the invoice is aged 60 days. (Learn more about Cash Flow Factoring Fees)
3. Remit to you the balance when the invoice is paid.

J&D Financial is a full service factor (not all factoring companies are full service). Our accounts receivable factoring services include

Credit: We are your credit department

• At J&D we provide our clients an established line of credit for their customer.
• Each month J&D provides a credit report summarizing customer list with credit status.

Bookkeeping: We are your bookkeeping department

• Twice a month J&D will provide you with an aging of receivables.
• Each week you will receive a report listing which receivables had been paid in the prior week.
• You can also access your aging and payments at any time on line.

Funding: We provide advanced funding

• J&D will purchase the receivables at 70-80% advance rate.
• We purchase the receivables on a recourse and non-recourse basis.
• Each week our customers receive an equity payment based on collections from the prior week.

Collection: We are your collection department

• Full staff of trained collection representatives
• Availability of collection staff to answer any and all questions.
• In house legal department to handle any collection problems.
• Our collection staff is bi-lingual (English/Spanish).

AT J&D our full range of services provides each client with the access to fast and accurate factoring. When considering choosing a factor ask specifically what services are included and if services are extra. Many factors charge extra for credit work, mailing, running reports, etc. J&D services are all inclusive, there are no hidden fees.

We factor any type of industry (see types of accounts) whether it be service, manufacturing or distribution. With over 30 years of experience we have factored thousands of companies with:

• Revenue from $5,000 to $2,000,000 per month.
• Invoice size from $100 to $1,000,000
• Start ups to established companies
• Single accounts to customers with hundreds of accounts.

Want us to evaluate your company for factoring?
You can either send a quick application or a complete document listing. The quick application is to evaluate your company potential for factoring. From this basic information we can give a tentative quote. However, before any deal is consummated we will need all documents listed in the complete document listing.