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48 Factoring Inc Invoice Factoring Review
48 Factoring Inc is a factoring service that specializes in serving small businesses. They started operations in 2014, and are based in Wayne, PA. They offer an innovative online reporting program in addition to invoice factoring services.
One of 48 Factoring Inc’s best features is they operate a very easy to use website, which lets customers know the important information they’re looking for when researching factoring companies. Our research equates this with a higher level of customer service.
48 Factoring Inc also shines in that they provide invoice factoring services for companies in a range of different industries. As a result, they have the experience that your business needs when it comes to dealing with your specific cash flow situation.
Finally, they have flexible funding amounts, maxing out at around $150,000. Their average funding for 2014 was around $32k. This puts them in an ideal range for many small businesses that can’t find factoring services elsewhere.
However, there are some issues with 48 Factoring Inc. The first is they don’t have much or any information on their site regarding pricing on contract information. As a result you’ll have to get in touch with them if you’re considering their factoring services. much or any information on their site regarding pricing on s that lack transparency are moer likely to have customer service satisfaction issues.
48 Factoring Inc also loses points because they have a number of complaints regarding their customer service. Some customers complained of an inability to get response to inquiries, and others found the sales staff lacking in knoweldge.
Finally, they don’t offer many of the services or features that companies interested in invoice factoring are looking for. This limits their appeal to a select group of companies, and knocks them down a bit in our review.
48 Factoring Inc is a good choice if you’re looking for smaller funding amounts that other factoring companies aren’t interested in. Otherwise, you should probably look elsehwere for your invoice factoring needs.