Unlike most other financing companies, Fairbanx does not have a set of rigid lending policies. At Fairbanx we believe our success is intertwined with the success of our clients. If our clients succeed in their businesses, so do we in ours.
This is a list of our non-restrictive policies, unmatched in any ONE factoring company:
- No minimum or maximum invoice size
- No minimum volume required
- No long-term contract
- No hidden fees
- No fees charged on non-factored invoices
- No fees for postage, photo copying or bank transfers
- Free credit screening of current or prospective customers
- Same day funding
- Funds received are posted daily without a grace period
- Reserves forwarded weekly
- Computerized cash management reports
- Client selects which customer accounts to factor
You will build a relationship with one of our customer care representatives who are available to resolve issues if they arise. We often encounter relationships that have broken down with other factoring companies because time was not taken to properly work through changing situations. With Fairbanx you can meet and speak directly to the people who run the company.
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