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How Non-Notification Factoring Works

In traditional invoice factoring the invoice factoring company (or “factor”) generally has direct contact with the customers of the factoring client in order to generate approvals and in the course of collecting payment on invoices factored.

Non-notification factoring minimizes contact between the factoring company and the factoring client’s customers, often through the use of white-labeled forms which maintain the client’s brand in customer invoices, statements and correspondence. When the customer pays factored invoices, those payments are then addressed to a unique lock-box or paid electronically into a deposit account belonging to the factoring company, though still branded to the factoring client. For the customer, this creates a seamless experience that protects and reinforces the factoring clients brand.

Take a closer look at the non-notification factoring process by comparing these two scenarios:

Traditional Invoice Factoring
The factoring client requests approval from the factoring company relative to a specific customer account.

The factoring company conducts due diligence to establish the credit-worthiness of the customer.

The client generates customer invoices and sends them to the customer, and then submits those invoices for factoring. The factoring company contacts the customer for verification of the invoice.

Instead of remitting payment for the invoice to the factoring client, the customer agrees to repay the invoice amount to the factoring company directly.

Non-Notification Factoring 
The factoring client requests approval from the factoring company for non-notification factoring relative to a specific customer account.

The factoring company conducts due diligence to establish the credit-worthiness of the customer.

The client (or factoring company on instructions from the client) generates customer invoices on the client’s brand stationary and sends them to the customer.

The customer remits payment for the invoice which is directed to a factoring company-managed lock-box or electronic deposit account.

Fast, Secure and Easy

Complete the application process today and get approved to factor invoices within 2-3 days or faster.

invoice factoring application

1. Apply online – it’s fast, easy and free.

submit invoices for factoring receivables financing

2. Submit only those customer invoices you wish to factor.

get working capital to grow your business by factoring invoices

3. Receive funds within 1-2 business days after approval via wire transfer on factored invoices.

speed up cash flow using non-recourse factoring, factoring with recourse or non-notification factoring

4. Speed up cash flow to avoid opportunity costs and stay focused on building your business.

What is Non-Notification Factoring?

Invoice factoring (also called receivables financing) is a financing tool wherein a factoring client factors – or sells – accounts receivable invoices to a factoring company. The factoring company essentially gives the client an advance on monies owed them by a customer for a small fee, called a factoring fee. When the customer pays the invoice, in traditional invoice factoring, they remit payment directly to the factoring company instead of the factoring client – the organization that originally invoiced them for goods or services.

In traditional factoring, the factoring company has direct contact with the customers of the factoring client at one or more points in the approval, invoicing and customer invoice payment process.

Choosing non-notification factoring (sometimes referred to as confidential factoring) enables the factoring client to minimize contact between the factoring company and its customers. The customer experience remains seamless and the factoring client’s brand retains the only brand impressions. The factoring company’s communications (invoices, statements, letters, etc.) are “white-labeled,” or branded to that of the client, and customer payments are directed to a similarly white-labeled PO Box or electronic account.

Why Choose Corsa Finance for Non-Notification Invoice Factoring?

Our clients can receive the additional customer-perception benefits non-notification factoring provides at rates comparable to traditional invoice factoring.

  • Outstanding customer service – we treat your customers with the same attention to detail and care that you do!
  • Competitive rates and high advances
  • Short term, long term and no-contract options
  • No minimums – factor only when you choose
  • Small ticket factoring available
  • Funding within 1-2 business days of invoice approval
  • Flexible, tailored programs
  • No application, due diligence or administrative fees – no hidden fees

When it comes to factoring client and invoice approvals, we look for reasons to say “yes!”