Compare WestFactor with other Financing Alternatives

As the client, YOU can pick and choose the invoices that you would like to factor.
Advance rates up to 90%.
Immediate funds deposited right into your account next day.
Invoices eligible up to 60 days from the date of invoice.
No monthly service fees.
All reports at no cost.
Professional, persistent collection calls.
Time increments can be tailor-made to save you money.
We do not take any equity in your company.
Fast turnaround; most decisions made within 24 hours.
No origination fees, no up front fees, no application fees, no annual renewal fees, no audit fees, no termination or prepayment penalty fees.
No long-term contracts; 30-day right for either party to cancel.
No minimum funding requirements.
Credit reports available on new clients at no cost.
No geographical limits.
Client growth and factoring relationship aligned.

Financing Source	Factoring	Bank Loan	Leasing	Private Investor	Venture Capital
Simple Application	YES	NO or Unlikely	NO	MAYBE	NO
Days to Funding	5 to 8	30 to 90	15 to 30	15 to 30	90 to 180
Approval Based on Client's Credit	NO	YES	YES	YES	YES
Funding Tied to Sales	YES	NO	NO	NO	NO
Give up Equity	NO	MAYBE	NO	YES	YES
Take On Debt	NO	YES	YES	MAYBE	NO
Limited to Asset Value	NO	YES	YES	MAYBE	MAYBE
Requires Track Record	NO	YES	YES	MAYBE	MAYBE
Requires Profitability	NO	YES	YES	MAYBE	MAYBE
Ongoing Reporting and Monitoring	NO	YES	YES	YES	YES
Reduce Overhead and Costs	YES	NO	NO	NO	NO
Add Other Costs	NO	YES Accounting, etc.	YES Insurance	YES Accounting	YES Board Fees, etc.