Frequently Asked Questions

Factoring is a financial service that allows businesses to sell their unpaid invoices to a factoring company in exchange for immediate funding. It can help businesses improve their cash flow and access the funds they need to grow and succeed. 

When a business sells their invoices to a factoring company, they receive an advance on the funds they are owed. The factoring company then collects payment from the business's customers and deducts their fee before returning the remaining funds to the business. 

Factoring can benefit businesses of all sizes and industries, including those that are growing rapidly, those with seasonal or fluctuating cash flow, and those that are just starting out. 

Factoring can benefit businesses of all sizes and industries, including those that are growing rapidly, those with seasonal or fluctuating cash flow, and those that are just starting out. 

We provide a range of factoring services, including credit analysis, accounts receivable management, and collections assistance. We also offer flexible and customized factoring solutions to meet the unique needs of each business. 

The cost of factoring can vary depending on factors such as the size of the business, the volume of invoices being factored, and the creditworthiness of the business's customers. SNAX Capital provides transparent and competitive pricing, and we work with businesses to find the best solution for their needs. 

The factoring process can typically be completed within a few days, and businesses can receive funding within 24-48 hours of submitting their invoices to us. 

SNAX Capital provides confidential and discreet factoring services, and we work with businesses to ensure that their customers are not impacted by the factoring process. 

 SNAX Capital provides collections assistance and can help businesses manage any issues that arise with their customers. We also conduct credit analysis to minimize the risk of non-payment. 

To get started with factoring, simply contact us to learn more about our services and how we can help your business improve its cash flow. We will work with you to develop a customized factoring solution that meets your unique needs and goals.