Factoring Step by Step

How does the potential customer take the fist step to factor with PRN funding? Very simple, you either call us or fill out a form on our website, and we will get back to you within hours of received. And we'll talk to you through the process, there a very simple 2 page application-fill that out and we will get you a full set of documents. We can have a typical client up and running within 3 days of an initial contact. Clearly there is some sense of nervousness when people enter a factoring relationship for the first time. Well first of all, most of the factors relationship is actually with the accounts payable department of the facility. We do need to interact with them, and we explain that our clients have qualified for a financing, and that we are financing their account receivables and this is really just a mechanism for them to grow their business. With PRN Funding, we offer probably the most flexible program in the industry. Not only do you not have to factor every invoice, you can factor them whenever you chose to factor, and you can factor for as long as you like. There is no fixed term to our contract, so you factor as long as you need us, and when you don't need us anymore you can be done factoring.