Capital Monterey - Cash Flow For Business

Factoring Cycle

The Accounts Receivable Funding is comprised of very defined steps. Our due diligence to these steps is what ultimately assures you, as the Customer, that your business will receive immediate use of receivable funds from your sales.

In the cycle described below, your clients are identified as the “Debtors”.

Step 1- Qualification as a Customer of Capital Monterey is based upon the credit of the Debtors. This involves the Credit Management service that we provide.

Step 2- Upon the sales of your product or service, you submit the invoice(s) to CAPITAL MONTEREY.

Step 3- Confirm the delivery of the product or service and notify the Debtor that we are in receipt of the invoice.

Step 4a- Upon confirmation, the invoice is sent to the Debtor, and 4b- Up to 90% of the invoice is posted immediately and paid to you— within 24 hours.

Step 5- The Debtors remits payment to CAPITAL MONTEREY for the total invoice.

Step 6- CAPITAL MONTEREY remits the balance from the invoice to you—less any applicable fees.

SERVICES

TRADITIONAL FACTORING

Factoring allows a company to outsource a wide range of credit and financial functions at no additional cost above the factor’s basic fees. At the same time, the client maintains complete control of the business, utilizing the factor’s staff to maximize the productivity of its own employees, thereby increasing profits and enhancing overall growth.

Transaction Size by Volume:	Start ups to $100 million

Products Offered:	Domestic Factoring Export/Import Factoring Non-recourse/Off-balance sheet

Financial Arrangements:	Advances against Accounts Receivable Inventory Financing Machinery & Equipment Financing International Letters of Credit Tri-Party Supplier Finance

Services include:	Customer investigation and approval Credit protection against bad debts Accounts Receivable bookkeeping Customer collections Cash management Sophisticated web-based reporting

Clients/Industries Served:	Any company selling a product or performing a Service on short-term open account credit

Response Time:	Close as quickly as 2 weeks.

Relationship Management Team:	Your Account Executive and highly trained Credit Group will provide the accurate, reliable and timely responses that you require.

To determine if Traditional Factoring is right for you use CONTACT page.

As a supplier or vendor to the US Government, you have contracted to provide products or services to the strongest debtor in the world. In accordance with the 1986 Assignment of Claims Act 52.232-23, your company can significantly benefit from the financial strength of the U.S. Government because you qualify for access to unlimited working capital through Capital Monterey’s Accounts Receivable Funding Program for Government Vendors.