Frequently Asked Questions
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Q:
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Do I have to factor all of my company’s account receivable?
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A:
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No you do not. At Treasure Valley Factors we allow our clients to pick and choose which accounts they wish to factor.
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Q:
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How quickly can I get funded?
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A:
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You can get funded within 24 hours. Our clients can choose from several different options as to how they will be funded.
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Q:
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How do I know which of my customers you will factor?
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A:
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You provide us with the information on your customer and we do a free credit check to see whether we can factor them or not. Most requests can be accomplished within 24 hours.
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Q:
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What is the difference between factoring and a bank loan?
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A:
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With factoring we are purchasing your accounts receivable. This is a single transaction which you only pay the one time fee. Factoring allows for simple transactions with minimal paperwork.
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Q:
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How does factoring benefit my company?
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A:
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It allows you to get cash immediately for the work you have accomplished. These funds are immediately available to pay bills, buy supplies, or fund any need you might have.
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