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Aerofund Financial Invoice Factoring Review
Aerofund Financial was started in 1987. They focus on accounts receivable factoring solutions that fit the needs of the various industries they work in. These industries include manufacturing, transportation and trucking, and more.
Aerofund’s website does a reasonable job of explaining their services and rates. They have a number of different factoring solutions to fit different needs, including inventory factoring, freight financing, and more. They offer fleet cards for fright services, and will get invoices cashed within 24 hours. They offer credit lines of up to $3.5 million, which is more than many of the companies that we looked into for these reviews. They advertise an advance rate up to 98%, but there isn’t any information on how a company can qualify for that rate. Regardless, 98% is easily the highest initial funding that we’ve seen from any invoice factoring companies, and that speaks highly in Areofund Financial’s favor. They have phone numbers and links to emails clearly displayed on their site, and the customer service rep we reached was helpful and polite.
Areofund Financial does a lot of things right, but they could stand to have more detailed information available for the public. Many of their helpful resources are actually sales pitches in disguise, and it’s a thin disguise at that. They do have a minimum that customers must factor with them, and it seems that they don’t offer any month-to-month or short term contracts. As a result, they may not be the best invoice factoring solution for most businesses. We did see complaints that they were slow to respond to email inquiries, and they hadn’t responded to the message we sent 3 days before the publishing date of this article.
Aerofund is a solid choice for your invoice factoring needs. They have the experience and products to make them among the best invoice factoring companies we reviewed.