About Us

Our Approach

We are a California based company that has been doing this for over 18 years. We can factor almost any industry, with clients ranging from construction companies to technology firms. We truly pride ourselves on our ability to be a great resource for you and your company. We want to see you thrive and will do whatever it takes to help you succeed. You can bet that we will be right there in the trenches with you. There is no invoice too large or too small, and you can count on our team to be there for you. We offer a low rate and provide services above and beyond what a typical factor will offer. However we can help you succeed, we are more than happy to do so.

Frequently Asked Questions

Please reach us at info@workingcapitaltoday.com if you cannot find an answer to your question.

Why would a company factor their receivables?

Companies that find cash flow to be a recurring problem often can't afford to have their invoice payments tied up for 30, 60, or even 90 days. They need cash now to meet the immediate financial demands of their business.

Is factoring a type of loan?

No. Factoring is defined as the purchase or advance of a company's receivables at a discount. By contrast, a loan would use those receivables as collateral.

Does my company have to have good credit to qualify? Do I personally have to have good credit?

No. We will factor your invoices provided that your customer is credit worthy and has shown a good payment history.

How much do you advance?

We advance 80% of the factored invoice. Once your customer pays the full invoice amount, we return the remaining 20% minus our fee.

If a factor buys my invoices, who actually bills my customer?

You prepare and send your customer's invoice as usual. Then you send a copy to the Factor and receive an immediate cash advance. The Factor follows up to ensure receipt of payment. If you need help creating an invoice, we are happy to help.

How quickly do I get paid?

A factor pays as soon as the invoice is confirmed, usually within 24 hours of confirmation

How much does factoring cost?

4% for the first month, then down to 3% for each additional month (prorated at .10% per day after the first month)

Do I need to factor all of my invoices?

No. You have the power and control to decide which invoices you want to process in order to manage your own cash flow needs.

About Us

Our Approach

Frequently Asked Questions

This website uses cookies.