Is Factoring New? How long has this industry been in business?

  • Factoring in various forms has been in business since at least the 1400’s and in other forms traced back to Roman times Yes, well over 600 years of existence. Today factoring is currently a $7 billion industry in North America.

How long is the application process?

  • Once we receive your application and company information we can fund within 48 hours. All subsequent funding is done with 48 hours of receiving the additional invoices.

Is there an Application Fee? Credit Fee? Accounting Fee? Any Fees?

  • TANDEM TRANSCAPITAL never charges any fee for anything. We quote our discount rate on the invoice prior to you selling it and that is all you ever pay. You know the cost before you sell your invoice.

Do I have to factor all of my receivables?

  • No, you only sell the amount you need to cover your cash flow needs.

Do you have monthly minimums or long term commitments?

  • No, you can use our services as you need them. Only need cash this month? We are glad to help. Need cash every month for the next 12 months? We are also glad to help.

How often can I submit invoices for funding?

  • You can submit as often as you like, Daily? Weekly? Monthly? You decide, after all it is your business.

Why should I factor my invoice?

  • You can focus on growing or managing your business, not worrying about cash flow.
  • You can accelerate your cash flow to expand your product lines.
  • You can maximize your sales volume and grow your business.
  • The greater your sales – the greater your cash flow.

My bank turned me down, how can TANDEM TRANSCAPITAL help?

  • While TANDEM TRANSCAPITAL reviews your financials, the funding decision is based more on the invoice (your customers credit) you are selling to TANDEM TRANSCAPITAL than your financial statement. Are you a start up? We can help. Do you have weak financials? We can help. Do you have poor credit? We can help.