• Payroll
• Purchasing additional inventory
• Marketing
• Adding More Customers
• Increasing your purchasing power

We also save you time by aiding with your Accounts Receivable Collections.

Our contracts are renewable on 12-month terms; however, you choose which invoices you wish to factor, including factoring none at all. Our contracts do not lock you into a factoring arrangement in any way. 

Fill out the quickAPP on our Homepage and a principal with Carter Funding will contact you immediately. First time funding normally occurs within 3 business days and thereafter, within hours of your request.

We pass along the full amount to you at no charge and with zero fees. 

If your customer fails to pay a factored invoice within a previously agreed upon period of time, say 90 days, then you are required to “repurchase” the invoice usually by deducting the invoice amount from your next funding.

Through our secure online portal, clients can see a detailed accounting of which invoices have been satisfied, what is still outstanding, and how much has been paid via rebate. A current accounts receivable aging report is always available through your secure login on our website.

To the contrary, many of your customers may be factoring themselves. With the movement away from check writing and into electronic forms of payment, many of your customers won’t even realize payment is being remitted to Carter Funding. 

CFC will assist you in notifying your customers that remittances for invoices due are to be paid to you, but “care of” Carter Funding at our lockbox address or via electronic payment. Most companies are quite familiar with factoring and make the remittance change through their AP department. 

CFC will diligently and quickly research available credit sources such as D&B, Business Credit USA, TransUnion TLO or Coface as well as traditional methods of contacting trade references to determine a “credit limit” for each of your customers. As long as your customers are strong credit worthy entities, your limits will often be more than you need.

Carter Funding is often able to fund against your existing accounts receivable even if a UCC has already been filed. Frequently, we are able to obtain a subordination agreement from other lien holders that would allow CFC to fund against your accounts receivable.