As Your Business Grows
We Deliver The FUNDS
We Deliver The FUNDS
“Non-Notification Factoring” or “Confidential Factoring” which the factoring company has little or no involvement with the collections of invoices being financed.
Non-Notification factoring is uncommon due to the stringing underwriting which almost is equal to banking guidelines. Most businesses look for an alternative form of financing because they are no longer bankable. 1st Commercial Credit will evaluate a client’s request for “Non-Notification Factoring" on a case by case basis.
Start Today and get initial funding in 3 to 5 working days. No financials needed, no up-front fees to set up, it is that easy.
Our core financial service is notification factoring and does not require financials, the process is simple with a more basic credit analysis focusing on the quality of the account debtors (your customers).
Most funding transactions (depending on the industry) may take only 3 to 5 working days vs. months by another lending institution.
Because of the minimum factor involvement, the clear advantage of this program is that it is easier to use than traditional invoice factoring. In addition, the solution is similar to asset-based loans and credit lines. Clients can create a track record with a non-notification program before moving on to other types of facilities.
Communications with your buyer are minimal in a non-notification program, making the factoring company's involvement nearly invisible. Direct communication is done as necessary, utilizing your company's image and letterhead. This strategy enhances the customer's experience. Confidential factoring programs are another term for these sorts of applications.
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