Don’t let slow paying clients put your business on hold. With Foley’s factoring program, you’ll get the cash flow you need to drive your business forward.
As a Foley partner, you’ll have the flexibility to choose the terms that work best for your business. New to factoring? Our trial program lets you use our service without any long-term commitments. Simply sign up, factor one invoice and see how we work. It’s that simple.
Or, sign up for our traditional program and take advantage of our electronic invoicing process. With 87 percent of invoices sent electronically, your clients will receive their bills almost immediately. This smoother recievables process will help ensure your invoices are paid quickly – and help keep your Foley rates as low as possible.
Regardless of the program you choose, there’s one thing you can always expect: fast payment. With a variety of payment options to choose from, you’ll receive your funds within 24 hours by fuel card, ACH, wire transfer or T-Chek.
For a more immediate solution, we can also provide you with a free fuel advance equal to 50 percent of the factored invoice.
Industry Average 44 days
Foley Average 34 days
We collect on unpaid invoices 10 days faster than the industry average- resulting in fewer headaches and lower interest rates for you.
- Free weekday fuel advances (Saturday funding also available)
- Same day funding
- No set up fees
- Recourse & non-recourse factoring
- Flexible payment options
- Free credit checks
- Free fuel card (with discounts)
- Free load board trial
- Get paid faster with our free Snap Factor app
When you sign up for our factoring program, you’ll work with a dedicated account representative who will help customize a program that works best for you and your business. To learn more about the benefits of factoring with Foley, fill out the form or call us at (860) 815-0768. There are no set up fees and new customers are typically approved within 24 hours.