Factoring - Allstate Fund Pros

Factoring

Factoring, also known as Accounts Receivable Financing, is the real-time exchange of your receivables for cash.

Factoring is a good option for business owners who may run into cash-flow management issues due to seasonality, logistical errors, damaged inventory, and to help grow your product offerings.

Personalized approach

The lender will evaluate your business to determine the percent of outstanding receivables they are willing to provide. To calculate the percent of receivables that a Allstate company is willing to advance, the lender will consider such points:

How does it work?

1

A cash advance is provided based on the total value of outstanding invoices being factored

2

Once the outstanding invoices have been paid you will net the remaining invoice value minus the factoring fee. Typically between 3-8% of the total value

3

You will receive between 50-90% of the total value upfront

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