Pros

One of CJM Financial’s strongest advantages is they offer 24 hour funding, which ensures that your business will have the resources on hand to grow your business, complete projects, and meet your payroll obligations, which can be a burden for some businesses.

CJM Financial is also strong in that they have extra programs like fuel cards, fuel advances, truck leasing, and truck insurance. This means that can help small businesses consolidate their service vendors, saving time and trouble on bookkeeping and finding service providers.

Finally, they provide fast cash for companies that are facing cash issues. This can help a business grow by providing it the capital needed to complete more advanced and lucrative projects.

Cons

However, there are some issues with CJM Financial. The first is they only offer recourse factoring. This means if a client doesn’t pay their invoice the factoring service will charge back their initial funding, an event which can leave many businesses in a capital crunch.

CJM Financial also loses points because they fail to provide clear, detailed information about important aspects of their services, forcing businesses to call them for more details. Our research generally equates this with lower marks for customer satisfaction and service.

Finally, their website leaves much to be desired. It is difficult to navigate and doesn’t have the features or information that one would expect when researching invoice factoring companies.