Our online systems are designed for access to all aspects of your account. User friendly navigation allows users to quickly find the contents.
Log in to access more user friendly and flexible reporting statements. Extra miscellaneous functions are now available including a totally revamped check and invoice image viewing system. Enhanced features include:
Online order entry and approval
Online credit availability
Image Viewing System
If you have any questions about our online system, please call us at 213-484-8000
How does factoring works?
Approved and Non-Approved
Approved Accounts puts the risk of non-payment fully on the factor. If the customer does not pay for the invoice, it is factors problems to deal with and they can not seek payment from the seller. This often seems like a great way to go but the factor will only purchase solid credit worthy invoices and often turns away average credit quality customers.
Non- Approved Recourse Accounts
Known to be the most common type of factoring, Recourse Accounts allows the factor to go back to the seller if payment is not received (normally 30 days after the due date). This credit risk does not transfer to the factor during the recourse factoring process.