Factoring is a common practice of purchasing accounts receivables for a discount. Our factoring program is designed to get you funds you are owed faster and when you need them. A couple key benefits to factoring include instant funds for growth, limit time being spent on collecting payments, and no capital requirements.
Reverse Factoring, often referred to as supply chain financing, is the purchasing of accounts payable from a customer. The supplier will send invoices to the buyer and the buyer will approve the invoices creating accounts payable. A factor will then purchase the invoices and send the supplier immediate funds to help streamline their cashflow.
Our specialty lending service is predominantly driven through strong relationship referrals in our corresponding geography of Kansas, Missouri, Nebraska, Iowa, and Oklahoma. Our loans are like a bank as they require full financial documentation, business proposal, and underwriting process.
Our structured equity program is potential opportunity for our loan clients. Similar to traditional structured equity deals, we offer the ability to convert your outstanding debt into an equity stake. This program will also require financial documentation, proposals, and underwriting.
Schedule a time to discuss your business funding objectives, so our advisors can show you examples of similar businesses leveraging cash-flow solutions to scale their business quickly.
You can customize and manage how you want to factor with Kompass Funding, so you get the funding you need, when you need it. Our clients can even avoid waiting 30 to 60 days for your customers to pay invoices, we pay you the amount of the invoice within 24 hours and assume the risk of collection.