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DS-Concept Invoice Factoring Review
DS-Concept is an invoice factoring service established in 2000. They are based in New York City, and work in a number of industries, including agriculture, distribution, food and beverage, service, healthcare, tech, and manufacturing. In addition to invoice factoring they provide collections services, credit reports, digital invoice management, and more.
One of DS-Concept’s best features is they offer non-recourse factoring. This works out well for companies because they don’t have to worry about a chargeback if the client doesn’t pay their invoice. These chargebacks can create serious revenue issues, and may impair business operations.
DS-Concept is also strong in that they will frequently provide funding on factored invoices within 24 hours. This speed of deposit can really help protect the revenue stream of your business, and ensures you have the capital you need to complete projects and grow.
Finally, they had solid reviews from cutomers relating to their customer service. Invoice factoring companies with strong customer service also frequenty had better scores for customer satisfaction.
However, there are some issues with DS-Concept. The first is they lack the information that businesses interested in factoring need to be able to compare their services to their competitors. As a result, we don’t have the information we need to do a fair apples apples comparison, costing them points in our review.
DS-Concept also suffers because 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.
Finally, they have some problems with customer service. The complaints we saw alledged they were bad at responding to inquiries, or didn’t provide clear or accurate information to customers.
DS-Concept are a good choice for important/export based firms looking for invoice factoring services. However, the lack of clear information on their website, and the cluttered and hard to read nature of the info that is there, keeps them out of the list of our top